§ Mr. MilburnTo ask the Chancellor of the Exchequer if he will update his answer to the hon. Member for Oxford, East (Mr. Smith) of 27 March 1995,Official Report, columns 427–30, relating to taxation by giving figures for (a) 1996–97 and (b) 1997–98. [10225]
§ Mr. JackProvisional estimates are given in the table.
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Average amount of gross income before tax (£ per year) Group of taxpayers Top 1 Per cent. Top 5 Per cent. Top 10 Per cent. Bottom 70 Per cent. Bottom 10 Per cent. All taxpayers 1996–97 144,900 68,000 49,900 10,300 4,800 16,600 1997–98 152,900 71,600 52,600 10,800 5,200 17,500
Shares of total income tax liability (per cent.) Group of taxpayers Top 1 Per cent. Top 5 Per cent. Top 10 Per cent. Bottom 70 Per cent. Bottom 10 Per cent. 1996–97 17 35 45 28 1— 1997–98 18 35 46 28 1— 1 Less than 0.5 per cent.
Amount of total income tax liability (£ billion) Group of taxpayers Top 1 Per cent. Top 5 Per cent. Top 10 Per cent. Bottom 70 Per cent. Bottom 10 Per cent. All taxpayers 1996–97 12.6 25.2 33.0 20.6 0.2 72.7 1997–98 13.3 26.4 34.5 21.0 0.3 74.7