§ Lord Marlesfordasked Her Majesty's Government:
What the top rate of direct tax on personal incomes was in the United Kingdom for each year from 1970–71 to 2001–02; and whether they will publish these figures in the same form as those previously given in the Official Report of November 2000 (WA 149–150).
§ Lord McIntosh of HaringeyAn updated verson of the table given in my reply to the noble Lord of 29 November(WA 149–150) is given below:
49WA
Single, non-aged personal allowance for a man with children Taxable income above which the highest rate is charged Highest rate of income tax charged Retail Price Index Single, non-aged personal allowance for a man with no children at 2000–01 prices Taxable income above which the highest rate is charged at 2000–01 prices £ £ % £ £ 1988–89 2,605 19,300 40.00 108.88 4,099 30,369 1989–90 2,785 20,700 40.00 117,38 4,065 30,213 1990–91 3,005 20,700 40.00 128.74 3,999 27,547 1991–92 3,295 23,700 40.00 134.85 4,186 30,111 1992–93 3,445 23,700 40.00 139.11 4,243 29,188 1993–94 3,445 23,700 40.00 141.48 4,172 28,699 1994–95 3,445 23,700 40.00 145.35 4,061 27,935 1995–96 3,525 24,300 40.00 150.08 4,024 27,740 1996–97 3,765 25,500 40.00 153.73 4,196 28,419 1997–98 4,045 26,100 40.00 158.81 4,364 28,157 1998–99 4,195 27,100 40.00 163.76 4,389 28,352 1999–2000 4,335 28,000 40.00 166.35 4,465 28,837 2000–01 4,385 28,400 40.00 171.33 4,385 28,400 2001–02 4,535 29,400 40.00 note 3 note 3 note 3 Notes:
1. For 1970–71 to 1972–73 the highest rate shown is the standard rate of income tax plus the highest rate of surtax.
2. For 1973–74 to 1983–84, the highest rate charged includes investment income surcharge at 15 per cent, but this total rate would only apply if the taxpayer's income included investment income greater than the threshold for the highest rate of surcharge, which varied between £2,000 in 1973–74 and £7,100 in 1983–84.
3. RPI available only up to January 2002.