§ Mrs. Beckett
To ask the Chancellor of the Exchequer how many people face marginal tax rates, both including and excluding social security, of(a) over 40 per cent., (b) over 50 per cent., (c) over 60 per cent., (d) over 70 per cent., (e) over 80 per cent., (f) over 90 per cent. and (g) over 100 per cent.: (i) now and (ii) in each year since 1978–79.
§ Mrs. Gillian Shephard
I have been asked to reply.
Information up to 1989–90 was provided in my reply to the hon. Member for Islington, South and Finsbury (Mr. Smith) on 16 March at columns 400–01. Estimated numbers facing marginal deduction rates including social security, in the specified ranges for 1990–91 are shown in the table.
Rates 11990–91 thousands 100 per cent. and over — 90–99 per cent. 40 80–89 per cent. 170 70–79 per cent. 200 60–69 per cent. 10 50–59 per cent. 2— 40–49 per cent. 130 1 Projection based on 1985, 1986 and 1987 FES uprated to 1990–91 levels and incorporating DOE guideline community charges announced in January 1990 and including the effect of Community Charge Benefit. 2 Denotes an estimate of fewer than 2,500.
Excluding social security and national insurance, no taxpayers experience marginal deduction rates of more than 40 per cent.