§ Mr. William Hamiltonasked the Chancellor of the Exchequer what taxable annual unearned income would be required to yield a net income of £100,000, £150,000, £200,000, £250,000, and £300,000, respectively, assuming the taxpayer is a single adult with no other income and with no dependants.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 2 April 1979; Vol. 965, c. 447], gave the following answer:
The gross investment incomes required to yield the net incomes stated are as follows:
Net income Gross investment income £ £ 100,000 4,590,000 150,000 7,090,000 200,000 9,590,000 250,000 12,090,000 300,000 14,590,000