§ Mr. St. AubynTo ask the Chancellor of the Exchequer how much income tax revenue was derived from income in excess of(a) £35,000, (b) £50,000, (c) £75,000, and (d) £100,000 in the last financial year. [107394]
§ Dawn PrimaroloThe amounts of income tax liable from people with total incomes in excess of £35,000, £50,000, £75,000 and £100,000 in 1998–99 are £36.6 billion, £27.3 billion, £19.2 billion and £15.1 billion respectively.
These estimates are based on the 1997–98 survey of personal incomes projected to 1998–99 consistent with November 1999 Pre-Budget Report assumptions.
580W
§ Mr. St.AubynTo ask the Chancellor of the Exchequer how much income tax revenue derived from(a) lower rate receipts, (b) basic rate receipts and (c) higher rate receipts in the last financial year. [107393]
§ Dawn PrimaroloIn 1998–99, total income tax liabilities are estimated to be around £89 billion before allowances given as tax deductions at a fixed rate (such as the married couples allowance) and £85.5 billion after these allowances. Lower rate, basic rate and higher rate liabilities, before the aforementioned allowances are estimated to be £22.8 billion, £41.0 billion and £25.3 billion respectively.
These estimates are based on the 1997–98 survey of personal incomes projected to 1999–2000 consistent with November 1999 Pre-Budget Report assumptions.