§ Mr. John Hallasked the Chancellor of the Exchequer what is his estimate for the year 1958–59 of the total number of gross incomes from £180 to £1,000, £1,001 to £5,000, and over £5,000, respectively; and what total tax is likely to be paid by each category.
§ Mr. SimonThe following estimates are provisional and subject to later revision.
Range of Income before tax Number of Incomes Incomes before tax paid Income Tax and surtax £ Million £ million £ million 180–1,000 … 18.43 10,300 710 1,001–5,000 … 2.5 3,700 690 Over 5,000 … 0.07 600 350 Total … 21.0 14,600 1,750 Income from all sources is included. Married couples are counted as single income units. Incomes exempt from tax on account of age are excluded.