Income Tax (Hansard, 3 February 2000)

§ Mr. Stunell
To ask the Chancellor of the Exchequer if he will list the expected change in after-tax income by earners who earn(a) 50 per cent., (b) 75 per cent., (c) 150 per cent., (d) 200 per cent. and (e) 300 per cent. of median incomes as a result of the 1p reduction in income tax to be implemented in April. [106886]

§ Dawn Primarolo
A great many factors can affect an individual's after-tax income—and this Government have introduced measures designed to boost take-home pay and increase the net incomes of families with children. The cut in the basic rate is one of those measures. Families with children will on average be £740 per year better off as a result of the last two budgets.

§ Mr. Matthew Taylor
To ask the Chancellor of the Exchequer, pursuant to his answer of 24 January 2000,Official Report, column 113W, (1) on what is his estimate of the number of people whose taxable incomes will exceed £100,000 per year in (a) 2000–01, (b) 2001–02 and (c) 2002–03; [107799]
(2) on what is his estimate of the numbers of people who had taxable incomes of over £100,000 in each year from 1979–80 to 1999–2000; and if he will estimate for each year from 1990–91 onwards the additional revenue which would have accrued from a basic income tax rate of 50% on taxable income over £100,000 per year. [107800]

§ Dawn Primarolo
The number of people with taxable incomes over £100,000 is estimated to be around 204,000 in 2000–01, 227,000 in 2001–02 and 243,000 in 2002–03. 683W These estimates are based on the 1997–98 Survey of Personal incomes and are consistent with the November 1999 Pre-Budget Report forecast.
I regret that it would be possible to provide reliable estimates for the number of taxpayers with taxable incomes above £100,000 and the tax yield from charging a rate of 50 per cent. for taxable incomes above £100,000 only at disproportionate cost.
However, the number of people with total incomes above 100,000 are set out in the table (for years between 1979–80 and 1999–2000).

Financial year Number of taxpayers ¹ with total income above £100,000 Numbers based on survey of personal incomes

1979–80 2,000 1979–80

1980–81 4,000 1980–81

1981–82 5,000 1981–82

1982–83 7,000 1982–83

1983–84 8,000 1983–84

1984–85 10,000 1984–85

1985–86 17,000 1985–86

1986–87 25,000 1986–87

1987–88 33,000 1987–88

1988–89 55,000 1988–89

1989–90 78,000 1989–90

1990–91 81,000 1990–91

1991–92 104,000 1991–92

1992–93 95,000 1992–93

1993–94 103,000 1993–94

1994–95 118,000 1994–95

1995–96 126,000 1995–96

1996–97 154,000 1996–97

1997–98 186,000 1997–98

1998–99 207,000 1997–98

1999–2000 227,000 1997–98

Prior to 1990–91 most married couples were counted as one taxpayer

Financial year	Number of taxpayers ¹ with total income above £100,000	Numbers based on survey of personal incomes
1979–80	2,000	1979–80
1980–81	4,000	1980–81
1981–82	5,000	1981–82
1982–83	7,000	1982–83
1983–84	8,000	1983–84
1984–85	10,000	1984–85
1985–86	17,000	1985–86
1986–87	25,000	1986–87
1987–88	33,000	1987–88
1988–89	55,000	1988–89
1989–90	78,000	1989–90
1990–91	81,000	1990–91
1991–92	104,000	1991–92
1992–93	95,000	1992–93
1993–94	103,000	1993–94
1994–95	118,000	1994–95
1995–96	126,000	1995–96
1996–97	154,000	1996–97
1997–98	186,000	1997–98
1998–99	207,000	1997–98
1999–2000	227,000	1997–98
Prior to 1990–91 most married couples were counted as one taxpayer