§ Mr. Austin Mitchellasked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing for those of working age the income distribution by tax category of those with an unearned income of more than £200 and £500 a year, respectively.
§ Mr. Norman Lamont[pursuant to his reply, 25 March 1987, c. 214]:Information for 1986–87 is given in the tables. The estimates are based on a projection from the 1984–85 "Survey of Personal Incomes" and are therefore provisional. Since the survey does not provide comprehensive coverage of investment income on which the liability to basic rate tax has been satisfied at source, the estimates for the ranges other than the higher income ranges are likely to be incomplete.
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Distribution of total income1, 1986–87 for single people and married couples under 65 with an investment income of more than £200 per annum Number of incomes ('000s) Total income1 lower limit (£ p.a.) Single people Married couples without wife's earned income Married couples with wife's earned income 2,000 290 40 30 5,000 110 70 50 7,000 160 120 110 10,000 60 60 90 12,000 80 80 160 15,000 80 80 370 20,000 60 100 370 30,000 20 70 190 50,000 10 30 50 1 Gross income for income tax purposes.
Distribution of total income1, 1986–87 for single people and married couples under 65 with investment income of more than £500 per annum Number of incomes ('000s) Total income1 lower limit (£ p.a.) Single people Married couples without wife's earned income Married couples with wife's earned income 2,000 230 30 20 5,000 80 30 40 7,000 100 80 70 10,000 40 30 70 12,000 60 50 110 15,000 70 60 250 20,000 50 80 280 30,000 20 60 160 50,000 10 30 40 1 Gross income for income tax purposes.