§ Mr. Gordon BrownTo ask the Chancellor of the Exchequer if he will give the percentage share of tax paid by the top 1 per cent. and 5 per cent. of taxpayers from 1970–71 to 1988–89.
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§ Mr. Norman Lamont[holding answer 10 June 1988]The information is given in the table.
Percentage of total income tax liability paid by top I per cent, and top 5 per cent, of income tax payers1 Year Top 1 per cent. Top 5 per cent. 1973–74 15.6 28.6 1974–75 13.9 26.9 1975–76 11.9 24.7 1976–77 11.4 24.6 1977–78 11.9 24.9 1978–79 11.2 24.0 1979–80 10.4 23.4 1980–81 10.9 24.4 1981–82 11.3 24.8 1982–83 11.7 25.4 1983–84 11.4 25.4 1984–85 11.8 26.4 1985–86 13.8 28.3 1986–872 14.0 29.0 1987–882 15.0 30.0 1988–892 13.0 28.0 1 Counting married couples as one and combining their incomes. 2 Estimates are based on a projection of the 1985–86 Survey of Personal Incomes and are rounded to the nearest 0.5 per cent. Estimates are provisional. I regret that information for earlier years is not available.