HC Deb 22 January 2002 vol 378 cc695-6W
Mr. Bercow

To ask the Chancellor of the Exchequer how many people have no income declared for tax purposes, other than unearned income; and in 2001–02 how many people are paying tax at(a) 40 per cent. and (b) the basic rate who derive (i) 100 per cent., (ii) 90 to 100 per cent., (iii) 75 to 100 per cent., and (iv) 50 to 100 per cent., of their income from unearned income. [26206]

Dawn Primarolo

The information requested is in the table.

Thousand
2001–02
Investment income as a Percentage of total income Number of higher rate1 taxpayers Number of basic rate2 taxpayers Number of 'savers' rate3 taxpayers
100 per cent. 10 30 60
90 to less than 100 per cent. 20 10 20
75 to less than 90 per cent. 50 30 50
50 to less than 75 per cent. 80 210 80
1 Taxpayers with a taxable income above the higher rate threshold
2 Taxpayers with a marginal rate at the basic rate from an extra £1 of earnings.
3 Taxpayers with a marginal rate at the 20 per cent. lower rate for savings income or the 10 per cent. ordinary dividend rate from an extra £1 of earnings. Before 1999–2000 these people would have been classified as lower rate taxpayers.

Note:

There are around 130,000 taxpayers with no taxable income other than investment income.

The estimates are based on the Survey of Personal Incomes and are consistent with the November 2001 pre-Budget report.

Mr. Bercow

To ask the Chancellor of the Exchequer what the total income before and after tax was at constant prices in each of the last four years for the top(a) one per cent., (b) five per cent., and (c) 10 per cent. and (d) each 10 per cent., thereafter down to the bottom 10 per cent., including both working and non-working households, in figures and as a percentage of income before and after tax accruing to each group. [26312]

Dawn Primarolo

It would be possible to provide an answer only at disproportionate cost.

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