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Income Tax

Volume 159: debated on Friday 15 December 1922

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asked the Chancellor of the Exchequer the total number of individuals liable to Income Tax for the year 1921?

The number of individuals in Great Britain and Ireland with incomes above the exemption limit for the year 1921–22 is provisionally estimated at 5,000,000, divided as follows:

Number actually paying Income Tax2,400,000
Number whose liability is covered by the personal allowances and deductions and reliefs2,600,000