INCOME TAX.

HC Deb 09 July 1925 vol 186 cc616-7W

Sir A. SINCLAIR

asked the Chancellor of the Exchequer the yield of a penny in the pound on the Income Tax in each year since 1895–96?

Mr. CHURCHILL

The following table gives the desired information:

Year.	Net Produce for each Penny of the Normal Rate of Income Tax	Year	Net Produce for each Penny of the National Rate of Income Tax.
United Kingdom.	£	United Kingdom.	£
1895–96	2,033,162	1911–12	2,830,830
1896–97	2,098,602	1912–13	2,969,591
1897–98	2,188,380	1913–14	3,108,810
1898–99	2,284,289	1914–15	3,169,614
1899–1900	2,353,619	1915–16	3,299,034
1900–01	2,475,442	1916–17	3,360,612
1901–02	2,531,462	1917–18	3,668,133
1902–03	2,535,862	1918–19	4,217,088
1903–04	2,562,551	1919–20	4,674,383
1904–05	2,580,533	1920–21	4,905,827
1905–06	2,633,436	1921–22	4,805,045
1906–07	2,660,867	1922–23	4,916,570
1907–08	2,698,000	Great Britain and
1908–09	2,784,063	Northern Ireland.
1909–10	2,691,422	1923–24	4,880,000*
1910–11	2,738,912	1924–25	4,880,000*
*Provisional.