HC Deb 07 May 1914 vol 62 c447W
Mr. WORTHINGTON EVANS

asked the Chancellor of the Exchequer whether he can estimate how many persons will pay Super-tax at the various rates now fixed, and what amount of tax will be received at each rate?

Mr. LLOYD GEORGE

The numbers of persons who will pay Super-tax for the year 1914–15 at certain virtual rates per pound of their total income, and the figures of the corresponding yield and ranges of incomes are estimated as follows:—

Virtual Rate. Number of Taxpayers. Yield in Full Year. Range of Income.
£ £ £
Less than 3d. 13,255 472,000 3,001 to 4,394
3d. and less than 6d. 7,820 792,700 4,395 to 6,928
6d. and less than 9d. 3,390 898,000 6,929 to 10,071
9d. and less than 12d. 2,760 1636,900 10,072 to 17,624
12d. and less than 16d. 1,590 3,970,400 Exceeding 17,624
Total 28,815 7,770,000

NOTE.—The effect of the allowance in respect of life insurance premiums has been taken into account in arriving at the figures shown in the second and third columns.