HC Deb 18 January 1974 vol 867 cc205-6W
Mr. Deakins

asked the Chancellor of the Exchequer what percentages of national income and income from property, respectively, go to the top 1 per cent., the top 5 per cent. and the top 10 per cent. of the population.

Mr. Nott

The figures for the personal sector given in the national income accounts include charities and non-profit-making bodies as well as individuals. It is not possible to distinguish the income of individuals within the personal sector totals. The concept of income used in the income distributions published by the Inland Revenue excludes non-taxable benefits, and these distributions relate only to individuals—counting married couples as one—with incomes above the effective tax exemption limit.

PERCENTAGE INCREASE IN GNP AT CONSTANT (1963) MARKET PRICES OVER PRECEDING YEAR
1951 1952 1953 1954 1955 1969 1970 1971 1972
United Kingdom 2.4 −0.4 4.7 3.9 3.1 1.2* 2.0* 2.5* 2.3*
U.S.A. 8.3 3.5 4.4 −1.4 7.4 2.6 −0.5 2.8 N.A.
France 5.8 3.5 2.6 4.2 4.7 7.6 6.1 5.5 5.4
Germany 10.4 8.9 8.3 7.4 12.0 8.2 5.8 2.8 2.9
Italy N.A. 4.5 7.5 3.6 6.7 5.8 4.9 1.6 3.2
Netherlands 1.9 2.2 8.5 6.6 7.2 7.0 6.8 3.8 4.4
Belgium N.A. N.A. N.A. 3.8 4.9 6.5 6.7 3.5 5.4
Japan N.A. N.A. 5.7 6.1 9.1 11.9 10.5 6.3 N.A.
* Based on latest United Kingdom estimates at 1970 prices, adjusted to international definitions. N.A. = Not available.

For Sweden, estimates of GNP at constant prices are no longer published by the international organisations, but details of the annual percentage increases

Mr. Meacher

asked the Chancellor of the Exchequer, in the case of a married man with two children under 11 years of age, earning a national average wage and paying not-contracted-out national insurance contributions, what was his gross and net income, respectively, in 1945, and for each subsequent year in the case of a man in the same situation, what was his gross and net income, respectively, the annual percentage increase in the retail price index, his net real income, and the percentage change in his net real income compared to 12 months previously and to the level at 1945.

Mr. Nott

I will let the hon. Member have a reply as soon as possible.