§ Mr. Doddsasked the Chancellor of the Exchequer if he will give the net amount of income left after deduction of Income Tax applicable to earned income of £10,000, £20,000, £30,000, £40,000 and £50,000, for each of the financial years 1913–14, 1938–39 and 1950–51.
§ Mr. JayThe following table gives the desired information in the case of a married man with two children.
Income (all earned) Net income after payment of Income Tax and Surtax or Supertax 1913–14 1938–39 1950–51 £ £ £ £ 10,000 9,242 5,922 3,684 20,000 18,408 10,009 4,409 30,000 27,575 13,684 4,659 40,000 36,742 17,084 4,909 50,000 45,908 20,484 5,159