§ Mr. Gwynfor Evansasked the Secretary of State for Wales what proportions of people in Wales classified as self-emplayed have declared incomes of (a) under 610W £1,000 per annum, (b) under £1,000 per annum to £2,000 per annum, (c) £2,000 to £3,000 per annum, (d) £3,000 to £4,000 per annum and (e) over £4.000 per annum.
§ Mr. John MorrisFigures drawn from a sample survey of incomes reviewed for tax purposes by the Inland Revenue for the year of assessment 1974–75 enable the proportion of tax cases in receipt of profits and professional earnings to be calculated for each size category of total net income as defined in "Inland Revenue Statistics 1975". These estimates are shown below.
Taxable income per annum Proportion of tax cases in receipt of profits and professional earnings in each income band:1974–75*†‡Per cent Under £1,000 … … 9.2 £1,000 to £2,000 … … 32.1 £2,000 to £3,000 … … 23.9 £3,000 to £4,000 … … 17.4 Over £4,000 … … 17.4 * Estimates based on data drawn from the Inland Revenue Survey of Personal Incomes, 1974–75. Incomes below £625 per annum, the tax limit for that year, are excluded. † A husband and wife are treated, for tax purposes, as one person. ‡ Assessments of profits and professional earnings are normally based on the amount of income arising in the trading account ending in the previous year. The size distribution of incomes shown above will have been significantly influenced, in subsequent periods, by increases in the general level of incomes.