Taxation of Incomes (Hansard, 25 July 1972)

HC Deb 25 July 1972 vol 841 c249W 249W

37. Mr. R. C. Mitchell
asked the Chancellor of the Exchequer what percentage of income is taken in income tax and surtax from a man with a wife and two children under 11 years of age earning £10,000 a year; and how this compares with the similar figure for each of the last five years.

§ Mr. Nott
Following are the figures:

Year Percentage of income taken in income tax and surtax for the year

1972–72, 35.8

1971–72 36.3

1970–71 40.1

1969–70 40.3

1968–69 40.3

1967–68 40.3

NOTE. The figures take account of family allowance, and clawback where appropriate. For 1972–73 it is assumed that surtax rates are unchanged.

Year	Percentage of income taken in income tax and surtax for the year
1972–72,	35.8
1971–72	36.3
1970–71	40.1
1969–70	40.3
1968–69	40.3
1967–68	40.3