§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will list the 10 467W countries with highest starting rates of income tax plus national insurance contribution, including and excluding local income tax.
§ Mr. Peter ReesThe information available is given in the table below:
TEN COUNTRIES WITH HIGHEST STARTING RATES OF INCOME TAX PLUS NATIONAL INSURANCE CONTRIBUTIONS Including local income tax Percentage Denmark 44.6 Norway 38.4 United Kingdom 36.8 Germany 34.2 Australia 33.1 Austria 32.9 Netherlands 32.1 Jamaica 31.8 Sweden 30.6 Ireland 29.5
Excluding local income tax Percentage United Kingdom 36.8 Germany 34.2 Australia 33.1 Austria 32.9 Netherlands 32.1 Jamaica 31.8 Ireland 29.5 Belgium 23.6 Luxembourg 20.8 Spain 20.6 Notes
1. The rates given, drawn from the countries for which information is available, are for the tax year 1980 or 1980–81 for all countries except Australia (1979–80).
2. All figures relate to employment income only.
3. All figures relate to a married couple without children. It is assumed that all income is that of the husband.
4. The rates may differ from the nominal starting rules in some countries because they take account of any employment income relief, minimum expenses deductions and initial tax credits available. The deductibility of social security contributions for income tax (where applicable) has also been taken into account.
5. The local income taxes which have been taken into account are as follows:—
Denmark: the Copenhagen rate.
Norway: the Oslo rate.
Sweden: the Stockholm rate.
§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will list the 10 countries with the highest top rates of income tax, including and excluding local income tax.
§ Mr. Peter ReesThe information available is given in the table below:
468W
TEN COUNTRIES WITH HIGHEST TOP RATES ON INCOME TAX Including local income tax Percentage Tanzania 95.0 Libya 93.5 Sweden 85.0 Portugal 84.4 Japan 83.7 Algeria 82.7 Jamaica 80.0 Belgium 76.3 India Italy 72.0 Netherlands
Excluding local income tax Percentage Tanzania 95.0 Libya 93.5 Portugal 84.4 Algeria 82.7 Jamaica 80.0 Belgium Italy 72.0 India Netherlands Barbados 70.0 Notes
1. The rates given are drawn from those countries for which information is available, and are for the latest financial year for which we have data.
2. All rates relate to employment income only.
3. The local income taxes which have been taken into account are as follows:—
Belgium and Japan: the rates which apply to the majority of the population.
Sweden: the Stockholm rate.