HC Deb 05 May 1966 vol 727 c157W
Sir Knox Cunningham

asked the Chancellor of the Exchequer whether he will state the proportion of personal income ranking as earned and unearned, respectively, during the last convenient tax period.

Mr. MacDermot

Tables 61 and 62 of the 108th Annual Report of Inland Revenue (Cmnd. 2876) show that of the total net income accruing to persons with income above the effective exemption limit for 1963-64 93 per cent. was earned and 7 per cent. was investment income.