HC Deb 20 February 1975 vol 886 cc473-5W
49. Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table of figures giving the normal tax payable by a man with a wife allowance on salaries of £1,000 per annum up to £50,000 per annum at intervals of £1,000 per annum; and showing how much in each of these cases a tax-free allowance of £11.50 per day would be worth in each instance if it were classified as being taxable and taxed at normal rates in each category.

Mr. Robert Sheldon

Yes. Assuming that the only tax allowance due is the married person's allowance, that the daily allowance of £11.50 is paid for 126 days in 1974–75 and that the allowance is treated as the top slice of the individual's total income the figures are as follows:

Annual salary Normal tax payable in 1974–75 Net value of allowances if taxable
£'000 £ £
1 45 971
2 375 971
3 705 971
4 1,035 967
5 1,365 887
6 1,733 797
7 2,170 724
8 2,657 652
9 3,193 609
10 3,773 579
11 4,360 536
12 4,990 507
13 5,627 464
14 6,307 464
15 6,987 434
16 7,674 391
17 8,404 391
18 9,134 391
19 9,864 391
20 10,594 333
21 11,337 246
22 12,167 246
23 12,997 246
24 13,827 246
25 14,657 246
26 15,487 246
27 16,317 246
28 17,147 246
29 17,977 246
30 18,807 246
31 19,637 246
32 20,467 246
33 21,297 246
34 22,127 246
35 22,957 246
36 23,787 246
37 24,617 246
38 25,477 246
39 26,277 246
40 27,107 246
41 27,937 246
42 28,767 246
43 29,597 246
44 30,427 246
45 31,257 246
46 32,087 246
47 32,917 246
48 33,747 246
49 34,577 246
50 35,407 246

Mr. Penhaligon

asked the Chancellor of the Exchequer what was the percentage of income tax and surtax raised in each year since 1967 from the following groups of income recipients: (i) top 1 per cent., (ii) top 10 per cent., (iii) top 40 per cent., (iv) bottom 30 per cent., (v) bottom 10 per cent., and (vi) all incomes.

PERCENTAGE OF TOTAL INCOME TAX AND SURTAX PAID
1967–68 1968–69 1969–70 1970–71 1971–72
Group*
(i) Top 1 per cent. … … 20½ 19½ 18 16 15
(ii) Top 10 per cent. … … 47½ 45 47 41 39½
(iii) Top 40 per cent. … … 78 77½ 80 75 73½
(iv) Bottom 30 per cent. … 5½ 5½ 6 7 7
(v) Bottom 10 per cent. … 0.6 0.5 0.7 0.8 0.9
(vi) All incomes … … 100 100 100 100 100
* Percentiles refer to numbers of income recipients.

Mr. Penhaligon

asked the Chancellor of the Exchequer what was the percentage paid in: (a) income tax and surtax and (b) national insurance and graduated pension, in each year since 1967 by the following groups of income recipients: (i) top 1 per cent., (ii) top 10 per cent.,

INCOME TAX AND SURTAX AS A PERCENTAGE OF INCOME
1967–68 1968–69 1969–70 1970–71 1971–72
Group*
(i) Top 1 per cent. … … 44 45 46½ 47 44
(ii) Top 10 per cent. … … 27 28 32 30 28
(iii) Top 40 per cent. … … 18½ 20 22½ 22½ 21
(iv) Bottom 30 per cent. … 6 6½ 8 9 9½
(v) Bottom 10 per cent. … 3 2½ 4 4½ 5
(vi) All incomes … … 15 16 17½ 18½ 18
* Percentiles refer to numbers of income recipients.

I regret that information on a similar basis is not available for national insurance and graduated pensions contributions.