§ Mr. WORTHINGTON EVANSasked 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 GEORGEThe 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.