§ Lord Marlesfordasked Her Majesty's Government:
Whether they will give the top rate of tax on personal income for each country in the European Union, indicating in respect of each level of gross income (expressed in pounds sterling) at which this rate applies for a married man with two children. [HL3720]
§ Lord McIntosh of HaringeyThe information requested is provided in the table, which gives the top rate of tax on personal income for each country in the European Union and the level of gross income at which this rate applies for a married man with two children.
EU Country Top rate of income tax % Level of gross income in £ sterling Austria 50 37,881 Belgium 57 57,579 Denmark 58 21,368 Finland 154.5 36,381 France 54 88,097 Germany 56 78,344 Greece 45 48,780 Republic of Ireland 46 26,312 Italy 45.5 60,189 Luxembourg 47.15 92,294 Netherlands 60 40,317 Portugal 40 74,350 Spain 56 66,302 Sweden 56 16,073 United Kingdom 40 31,295 1 This is total state and municipal income tax rate for Helsinki. The rate varies in other municipalities between 53 and 58 per cent.