Mr. Hoģģasked the Chancellor of the Exchequer how many persons in each of the last five available Income Tax years had incomes which, after deducting direct taxation, equalled sums of under £250, £250 to £500, £500 to £1,000,£1,000 to £2,000, £2,000 to £4,000, £4,000 to £6,000 and £6,000 or over, respectively.
Range of Net Income (i.e., Total Gross Income as assessed to tax less the Income Tax and Sur-Tax payable thereon.) Individuals with net incomes exceeding £150: Year 1938–9. Year 1942–3. Exceeding Not exceeding Nos. Nos. £ £ 150 … … … 250 … … … 4,500,000 7,000,000 250 … … … 500 … … … 1,820,000 5,300,000 500 … … … 1,000 … … … 450,000 550,000 1,000 … … … 2,000 … … … 155,000 117,000 2,000 … … … 4,000 … … … 56,000 31,750 4,000 … … … 6,000 … … … 12,000 1,170 6,000 … … … … … … … 7,000 80 Totals … … 7,000,000 13,000,000