§ 48. Sir T. Mooreasked the Chancellor of the Exchequer the approximate number of persons with net incomes of £2,000, £3,000, £4,000, £6,000, £8,000, £10,000, £25,000 and £50,000 per annum for the years ended 31st March, 1914, 1938, 1945 and 1950, respectively.
§ Mr. Gaitskell:The available information on this subject for the years 1938–39 and 1948–49 was published in Table 86 of the 92nd Report of the Commissioners of Inland Revenue. The corresponding figures for 1949–50 will be published in the next report in January. Estimates for the year 1944–45 were published in the National Income White Paper for
Net Income after payment of Income Tax and Sur Tax (or Super Tax) Income (all earned) 1913–14 1938–39 Equivalent in July, 1914£'s* 1944–45 Equivalent in July, 1914 £'s† 1950–51 Equivalent in July, 1914£'s ‡ £ £ s. d. £ s. d. £ £ s. d. £ £ s. d. £ 1,000 962 10 0 855 7 6 547 648 17 6 273 777 5 0 256 2,000 1,925 0 0 1,607 17 6 1,029 1,173 17 6 493 1,417 5 0 468 5,000 4,708 6 8 3,446 0 0 2,205 2,192 12 6 921 2,554 15 0 843 10,000 9,241 13 4 5,888 10 0 3,769 3,167 12 6 1,330 3,629 15 0 1,198 20,000 18,408 6 8 9,976 0 0 6,385 3,855 2 6 1,619 4,354 15 0 1,437 50,000 45,908 6 8 20,451 0 0 13,089 4,605 2 6 1,934 5,104 15 0 1,685 100,000 91,741 13 4 36,076 0 0 23,089 5,855 2 6 2,459 6,354 15 0 2,097 Note.—The July, 1914, pound sterling is taken as a base because this is the date the cost-of-living index started. * Based on movements in 1914 cost-of-living index. †Based on movements in 1914 cost-of-living index up to 1938, and thereafter on movements shown in price index for all consumers' goods and services published each year in the National Income White Paper. ‡As for † up to 1950: thereafter by reference to movements in the Interim Index of Retail Prices