§ Mr. Wrigglesworthasked the Chancellor of the Exchequer if, in connection with the Government's proposals in the 1974 Finance Bill for taxing foreigners
Gross income before tax £10,000 £15,000 £20,000 £30,000 Approximate net percentage of income after tax Foreigner working in: United States of America 75 68 63 56 Belgium 82 77 72 61 Denmark 52 48 46 43 France 86 80 77 72 Germany 75 69 64 60 Ireland 57 45 38 33 Italy 76 73 70 65 Luxembourg 73 64 59 53 Netherlands 81 73 71 66 Sweden 46 39 35 31 Norway 60 51 46 40 Switzerland— Basle 78 72 70 66 Berne 76 71 67 63 Geneva 77 71 69 65 Zurich 77 72 68 64 Japan 75 65 57 48 United Kingdom (50 per cent, basis) 88 85 82 77 United Kingdom (75 per cent, basis) 78 72 67 59
Notes 1. The figures are in respect of a married man with 2 children under 11. 2. The figures take account of central and local government income taxes in the country of employment only. 3. The limited 30 per cent. special expenses allowance for foreign employees in Belgium and the 35 per cent. reduction in taxable income for foreign employees in the Netherlands have been taken into account, as have other statutory minimum expenses, allowances, earned income reliefs etc. Social security contributions have been ignored. 4. Current exchange rates have been used. United Kingdom tax rates are those proposed for 1974–75. 5. The French figures do not take account of the temporary income tax surcharge which was recently announced. 6. The figures apply only to earned income. In general, world investment income of a resident alien would be chargeable to tax in overseas countries (apart from the Irish Republic) on the full amount arising.