§ 2. Mr. Swinglerasked the Chancellor of the Exchequer what percentage Surtax payers form of the total numbers of taxpayers; what is their average net income per head after paying tax; and what will be their average annual relief per head under his Budget proposals.
§ Mr. Selwyn LloydFor income earned in 1961–62 there are expected to be about 20 million taxpayers, of whom about 2½ per cent. would have been Surtax payers with an average net income of about £2,500 but for my Budget proposals. The average annual relief under the Budget proposals is £170.