HC Deb 08 February 1974 vol 868 cc478-9W
Mr. Tope

asked the Chancellor of the Exchequer what percentage of people in the United Kingdom has an earned income in the range: under £1,000 per annum, £1,000 to £2,000 per annum, £2,000 to £3,000 per annum, £3,000 to £4,000 per annum, £4,000 to £5,000 per annum, £5,000 to £6,000 per annum, £6,000 to £7,000 per annum, £7,000 to £8,000 per annum, £8,000 to £9,000 per annum, £9,000 to £10,000 per annum and over £10,000 per annum; and what percentage of people has unearned incomes falling within the above range of incomes.

Mr. Nott

The estimated percentages for 1973–74 are as follows:

Range of net earned or net investment income Net earned income Net investment income
£ per annum Per cent. Per cent.
Nil–1,000 18.4 96.7
1,000–2,000 38.1 1.7
2,000–3,000 28.8 0.7
3,000–4,000 9.9 0.4
4,000–5,000 2.9 0.3
5,000–6,000 1.0 0.1
6,000–7,000 0.3 0.06
7,000–8,000 0.2 0.04
8,000–9,000 0.1 0.02
9,000–10,000 0.1 0.02
Over 10,000 0.2 0.1

These percentages relate only to individuals—counting married couples as one—with incomes above the effective tax exemption limit.