HC Deb 04 May 1995 vol 259 cc262-3W
Mr. Milburn

To ask the Chancellor of the Exchequer if he will update the answer to the hon. Member for Glasgow, Garscadden (Mr. Dewar) of 26 October 1993,Official Report, columns 571–72, providing estimates for 1994–95 and 1995–96 for the number of taxpayers with gross and taxable income in income bands up to £150,000 supplying data at intervals of not more than £10,000. [21004]

Sir George Young

[holding answer 25 April 1995]: Available information is given in the tables. The increase in taxpayer numbers is largely due to economic growth. Net effect of tax changes this April was to take more than 100,000 people out of tax. In addition, the number of people in work is increasing—the United Kingdom work force in employment went up 174,000 between December 1993 and December 1994.

£
Number of taxpayers by range of
Gross income1 (000) Taxable income2 (000)
1994–95
Under 5,000 2,200 8,500
5,000 to 10,000 7,900 6,600
10,000 to 15,000 6,000 4,500
15,000 to 20,000 3,900 2,700
20,00 to 25,000 2,300 1,400
25,000 to 30,000 1,300 720
30,000 to 40,000 1,100 660
40,000 to 50,000 420 280
50,000 to 70,000 280 190
70,000 to 80,000 60 50
Over 80,000 180 140
Total taxpayers 25,700 25,700
1995–96
Under 5,000 1,900 8,400
5,000 to 10,00 7,900 6,600
10,000 to 15,000 6,100 4,500
15,000 to 20,000 4,100 2,800
20,000 to 25,000 2,500 1,500
25,000 to 30,000 1,400 790
30,000 to 40,000 1,200 740
40,000 to 50,000 460 310
50,000 to 70,000 330 210
70,000 to 80,000 60 50
Over 80,000 200 160
Total taxpayers 26,200 26,200
1 Gross income is defined as total income for income tax purposes. It excludes income from certain social security benefits and some investment income such as National Savings Certificates.
2 Taxable income is defined as gross income for income tax purposes less those allowances and reliefs which are available at the taxpayer's marginal rate.

Annual compensation payment to age 60 (£ rate pa) Superannuation lump sum (£) Lump sum compensation payment (£) Compensation in lieu of notice (if any) (£)
1990–91
Flexible 14,191.15 39,087.10 0 0
Flexible 3,736.76 10,299.15 0 0
1991–92
Flexible 15,411.50 44,680.00 0 0