HC Deb 19 May 1954 vol 527 c125W
59. Sir R. Acland

asked the Secretary of State for the Colonies to publish a

£500 £1,000 £2,000 £5,000 £10,000
£ s. £ s. £ s. £ s. £ s.
Single 28 2 112 10 340 0 1,605 12 4,849 7
Married, no children 11 5 58 18 252 10 1,518 2 4,761 17
Married, one child 2 5 44 1 222 16 1,488 2 4,731 17
Married, two children 37 6 203 11 1,473 2 4,716 17
Married, three children 31 0 194 15 1,458 2 4,701 17

In accordance with the new taxation proposals introduced by the Minister for Finance in April, an additional surcharge of 75 cents on each £1 of chargeable income over £800 will be paid on all incomes for 1953 and subsequent years. Those with total incomes of more than £9,000 will pay the surcharge at the appropriate rate for that figure. In addition there is a personal tax at £3 per annum which is now to be doubled, and a new rate of tax at £10 is to be introduced on incomes exceeding £200 per annum.