§ Sir C. CAYZERasked the Chancellor of the Exchequer whether he can tabulate a 520W statement showing the precise amount of Surtax payable as determined by the proposals in his Budget statement on all incomes ranging between£2,000 and£50,000 per annum?
§ Mr. P. SNOWDENThe following table shows the amount of Surtax that will be payable under the Budget proposals on certain representative incomes within the limits mentioned:
Total Income. Surtax Payable £ £ s. d. 2,000 … … … Nil. 2,500 … … … 25 0 0 3,000 … … … 56 5 0 4,000 … … … 156 5 0 5,000 … … … 306 5 0 6,000 … … … 481 5 0 7,000 … … … 681 5 0 8,000 … … … 881 5 0 9,000 … … … 1,131 5 0 10,000 … … … 1,381 5 0 15,000 … … … 2,756 5 0 20,000 … … … 4,256 5 0 25,000 … … … 5,881 5 0 30,000 … … … 7,506 5 0 40,000 … … … 11,006 5 0 50,000 … … … 14,506 5 0