§ 55. Mr. Malcolm MacMillanasked the Chancellor of the Exchequer what 215W number and what proportion, respectively, of incomes, calculated before tax, in the latest complete calendar year, were under £250, under £300, under £400, under £500, and under £600, respectively; and how many, and what proportion,
TABLE: ESTIMATED NUMBERS OF INCOMES BELOW CERTAIN LIMITS IN 1961 Income limit Total number Percentage of all incomes Number of married couples Married couples as percentage of all incomes in Column 2 £ million million 250 … … 1.5 7 0.2 12 300 … … 2.6 12 0.3 13 400 … … 4.6 21 0.7 16 500 … … 6.7 30 1.4 21 600 … … 9.0 41 2.6 29 The estimates given relate to incomes known to the Inland Revenue and they therefore exclude all incomes up to and including £180 a year.
Any discrepancy between the percentages and the numbers given have arisen because the figures have all been rounded after the calculations were made.