§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what estimate he has made, in the latest years for which information is available, of the number of taxpayers with taxable investment incomes of a(a) zero, 612W (b) less than £100, (c) £101 to £499 and (d) over £500; and in each case what is the number of such taxpayers over the age of 65 years. [19495]
§ Mr. Jack[holding answer 7 March 1996]: Estimated numbers for 1996–97 based on projections from a mixture of statistical sources are given in the table. The estimates of the numbers with small amounts of investment income are very uncertain.
Range of taxable investment income in 1996–97 £ Number of taxpayers Millions of which taxpayers aged 65 or over Millions 0 3.1 0.2 1–100 12.3 0.6 101–499 4.0 0.5 Over 500 6.4 1.7 Total 25.8 3.0