Income Tax (P.A.Y.E.)

HC Deb 11 December 1962 vol 669 cc56-7W

Mr. W. Clark

asked the Chancellor of the Exchequer what was the product from P.A.Y.E. for the last five years separately to 31st March, 1962.

Mr. Barber

The total tax deduced under P.A.Y.E. during the Income Tax years ending on 5th April is given below in £ million:

1957–58	956.8
1958–59	1,025.7
1959–60	1,051.0
1960–61	1,245.4

The figure for 1961–62 is not yet available but it is estimated at about £1,385 million.