§ 74. Mr. Osborneasked the Chancellor of the Exchequer how much above £1,000 net per annum was received as personal income in 1951.
§ Mr. Boyd-CarpenterThe latest figures available are those for the financial year 1949–50. In that year it is estimated that 473,000 persons received net incomes of £1,000 or more after deduction of Income Tax and Surtax. The total net incomes of these people amounted to £763 million, the amount in excess of £1,000 being £290 million.