HC Deb 17 November 1983 vol 48 c506W
Mr. Willie W. Hamilton

asked the Chancellor of the Exchequer what taxable annual unearned income would be required to yield a net income of £100,000, £200,000, £300,000, £400,000, £500,000 and £700,000, respectively, assuming the taxpayer is a married man with one dependent child and under 65 years of age.

Mr. Moore

The information is in the following table below, which assumes that no tax relief for allowance other than the married man's allowance is available. Figures have been rounded to the nearest £ thousand.

Net income after tax and child benefit Gross investment income
£ £
100,000 361,000
200,000 761,000
300,000 1,161,000
400,000 1,561,000
500,000 1,961,000
700,000 2,761,000

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