§ Mr. Nicholas Wintertonasked the Chancellor of the Exchequer what were the total and per capita amounts of taxes on personal income received by the central Government for the period 1970 to 1977 expressed at 1970 constant prices.
§ Mr. Robert SheldonThere is no specific price index for converting figures of taxes on personal incomes to a constant price basis; but in order to give a broad indication of movements in these taxes in real terms the following series have been calculated using the implied deflator for gross domestic product at market prices to convert from current to 1970 constant prices.
Total £ million Per capital £ 1970 … … … 5,850 105 1971 … … … 5,888 106 1972 … … … 5,586 100 1973 … … … 5,865 105 1974 … … … 6,705 120 1975 … … … 7,675 137 1976 … … … 7,788 139 1977 … … … 7,025 125 Source: National accounts estimates consistent with those published in April 1978 edition of "Economic Trends".
The figures for the years after 1972 are affected by the introduction of the imputation system of corporation tax in April 1973. Prior to April 1973, tax paid on dividends received by the personal sector was included in taxes on personal income. From April 1973 the advance corporation tax paid by companies in respect of dividend payments forms part of taxes on corporate income.
§ Mr. Peter Morrisonasked the Chancellor of the Exchequer how many taxpayers were on marginal rates of tax on earned income of at least 75 per cent. in the 1977–78 tax year.
638W
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.
§ Mr. Peter Morrisonasked the Chancellor of the Exchequer how many taxpayers paid marginal rates above the standard rate in the respective tax years 1973–74 and 1977–78.
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.