HC Deb 18 January 1984 vol 52 cc218-9W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing the number of tax units with investment income and the average investment income per unit in 1982–83 for (a) single persons, (b) married persons with one earner, and (c) married persons with two earners each aged (i) under 65 years and (ii) 65 years and over in each income range starting at a lower limit of £1,800.

Mr. Moore

Estimates, based on projections from the survey of personal incomes for 1981–82, are given in the following table. "Total income" includes only those forms of income liable to tax, before the deduction of personal allowances and reliefs.

Over 65 single persons Over 65 married one earner Over 65 married two earners
Range of total income (lower limit) Numbers '000 Average Investment Income Numbers '000 Average Investment Income Numbers '000 Average Investment Income
£ £ £ £
6,000 57 2,537 61 1,217 59 1,052
7,000 49 3,450 26 2,316 28 1,055
8,000 32 4,296 25 2,503 17 1,252
9,000 19 5,155 27 2,809 28 2,090
10,000 27 6,254 24 3,704 51 2,463
12,000 20 9,236 28 5,268 28 3,912
15,000 21 11,505 32 6,782 28 5,587
20,000 12 14,414 12 11,340 13 8,900
30,000 5 34,674 7 27,366 10 21,633