HC Deb 07 May 1962 vol 659 cc14-6W
Mr. Bottomley

asked the Chancellor of the Exchequer what was the net income, including family allowances, after payment of Income Tax, Surtax, National Insurance and Government graduated pension scheme contributions, in force at that time, of an employed man in each of the years 1945 to 1963, whose gross earned income is at each of the following levels in £ sterling per annum, namely, 312, 416, 520, 624, 780, 1,000, 1,500, 2,000, 3,000, 5,000, 10,000, 24,000 and 50,000, assuming that he is married with two children under the age of 10 years, has no unearned income, that his wife has no income of her own, and that he has no allowances for life insurance.

NET INCOME IN
Income per annum 1945–46 1946–47 1947–48 1948–49 1949–50 1950–51
£ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
312 294 16 8 314 1 6 317 12 8 313 11 5 312 4 4 312 4 4
416 368 5 8 399 3 6 413 10 8 412 9 5 410 16 4 411 14 4
520 434 17 6 472 12 0 494 9 0 495 4 3 491 14 4 496 9 4
624 492 7 6 535 13 0 559 15 0 574 6 3 570 16 4 579 14 4
780 577 17 6 630 9 0 657 5 0 681 5 3 677 12 4 688 17 4
1,000 698 17 6 763 12 0 794 9 0 822 1 3 818 8 4 829 13 4
1,500 973 17 6 1,049 8 0 1,105 18 0 1,142 1 3 1,138 8 4 1,149 13 4
2,000 1,223 17 6 1,323 12 0 1,379 12 0 1,461 4 3 1,457 9 4 1,468 14 4
3,000 1,617 12 6 1,766 17 0 1,816 2 6 1,898 8 3 1,894 11 10 1,905 16 10
5,000 2,242 12 6 2,491 3 0 2,514 16 6 2,598 0 3 2,594 1 10 2,605 6 10
10,000 3,217 12 6 3,714 17 0 3,587 17 6 3,672 8 3 3,668 6 10 3,679 11 10
24,000 4,005 2 6 5,201 17 0 4,411 11 6 4,497 0 3 4,492 16 10 4,504 1 10
50,000 4,655 2 6 7,151 17 0 5,061 11 6 5,147 0 3 5,142 16 10 5,154 1 10
Income per annum 1951–52 1952–53 1953–54 1954–55 1955–56 1956–57
£ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
312 312 0 0 314 18 4 317 17 0 317 17 0 315 14 0 315 5 0
416 415 2 0 418 18 4 421 17 0 421 17 0 419 14 0 419 5 0
520 501 10 0 518 8 4 521 14 6 521 14 6 523 14 0 523 5 0
624 582 13 6 608 17 10 614 2 0 614 2 0 621 17 0 621 8 0
780 694 14 0 731 12 4 739 12 0 737 12 0 750 2 3 749 13 3
1,000 831 2 0 888 10 4 900 13 0 900 13 0 916 2 0 915 13 0
1,500 1,141 2 0 1,204 4 4 1,225 12 0 1,225 12 0 1,252 3 6 1,251 14 6
2,000 1,450 2 6 1,518 12 10 1,549 9 0 1,549 9 0 1,585 19 0 1,585 10 0
3,000 1,862 5 0 1,931 19 4 1,987 9 6 1,987 9 6 2,049 1 0 2,048 12 0
5,000 2,511 15 0 2,581 3 4 2,686 7 6 2,686 7 6 2,798 3 0 2,797 4 0
10,000 3,461 0 0 3,529 19 4 3,759 14 6 3,759 14 6 3,996 16 0 3,996 7 0
24,000 3,935 10 0 4,104 7 4 4,683 18 0 4,683 18 0 5,271 2 6 5,270 13 6
50,000 3,935 10 0 4,754 7 4 5,983 18 0 5,983 18 0 7,221 2 6 7,220 13 6
Income per annum 1957–58 1958–59 1959–60 1960–61 1961–62 1962–63
£ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
312 313 6 4 307 6 10 307 0 4 307 0 4 305 16 6 305 5 8
416 417 6 4 411 6 10 411 0 4 411 0 4 409 16 6 409 5 8
520 521 6 4 515 6 10 515 0 4 515 0 4 511 10 6 510 19 8
624 619 11 7 613 14 4 614 12 10 614 12 10 607 5 0 606 14 2
780 747 19 4 741 19 10 745 19 4 745 19 4 733 5 2 732 14 4
1,000 913 14 4 908 1 7 916 6 7 916 6 7 904 8 5 903 17 7
1,500 1,250 4 4 1,244 4 10 1,266 17 4 1,266 17 4 1,255 11 2 1,255 0 4
2,000 1,584 17 10 1,578 18 4 1,616 2 7 1,616 2 7 1,604 16 5 1,604 5 7
3,000 2,178 4 10 2,172 16 4 2,239 3 4 2,239 3 4 2,227 17 2 2,303 3 10
5,000 3,098 19 4 3,093 12 10 3,222 10 1 3,222 10 1 3,210 8 5 3,656 9 1
10,000 4,575 14 4 4,570 9 10 4,866 6 1 4,866 6 1 4,853 16 8 6,094 0 4
24,000 5,887 3 4 5,882 2 4 6,702 18 7 6,702 18 7 6,690 9 2 8,467 8 4
50,000 7,837 3 4 7,832 2 4 9,627 18 7 9,627 18 7 9,615 9 2 11,392 8 4
NOTE
Surtax is due in the year following that for which it is charged. The rates of Surtax used for purposes of the Table are those payable in the year shewn on an income of the same amount for the preceding year.

Mr. Barber

The figures are as follows: