§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer if he will update his answer of 29 July 1988,Official Report, columns 724–25, concerning the distribution of incomes by range of income in excess of £20,000 a year to give the figures for 1991–92.
§ Mr. MaudeEstimates for 1991–92 are given in the table. The figures relate to taxpaying individuals following the introduction of independent taxation in 1990.
Higher rate taxpayers 1991–92 Thousands Total income (£) Single Husbands Wives Total Under 20,000 0 0 0 0 20,000 to 25,000 0 0 0 0 25,000 to 30,000 60 40 20 120 252W
Distribution by total income 1991–92 for higher rate taxpayers Single people Married couples1 One taxpayer Both taxpayers Range of total income lower limit (£pa) Number (000s) Average amount of investment income2 Average amount of mortgage interest relief2 3 Number(000s) Average amount of investment income2 Average amount of mortgage interest relief2 3 Number(000s) Average amount of investment income2 Average amount of mortgage interest relief3 20,000 — — — — — — — — — 25,000 60 5,500 730 10 1,300 750 — — — 30,000 180 5,300 700 250 2,700 670 90 3,100 700
Total income (£) Single Husbands Wives Total 30,000 to 50,000 240 750 70 1,060 over 50,000 90 330 20 440 Total 390 1,120 110 1,620
Total tax liability of higher rate taxpayers £ million Total income (£) Single Husbands Wives Total Under 20,000 0 0 0 0 20,000 to 25,000 0 0 0 0 25,000 to 30,000 390 250 120 760 30,000 to 50,000 2,060 6,170 620 8,850 Over 50,000 2,420 9,390 580 12,390 Total 4,870 15,800 1,330 22,000