HC Deb 17 December 1974 vol 883 cc394-5W
Mr. Atkinson

asked the Chancellor of the Exchequer what is the estimated number of people receiving £5,000 or more per year.

Br. Robert Sheldon

About 1 million in 1974–75, counting husband and wife as one.

Mr. Atkinson

asked the Chancellor of the Exchequer how many persons, at the latest available estimates, and who are receiving over £5,000 per year, are subject to Schedule D tax assesssment.

Dr. Gilbert

For the current year, about 650,000, counting husband and wife as one, have incomes of £5,000 a year or more and have some income chargeable under Schedule D, which covers most forms of investment income not taxed by deduction as well as trading and professional profits. About 300,000 of these cases have some trading or professional profits.