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Investment Incomes

Volume 884: debated on Thursday 23 January 1975

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asked the Chancellor of the Exchequer if he will give his most up-to-date estimates of the number of taxpayers with investment incomes in the following ranges: under £1,000 per annum, £1,000–£1,999, £2,000–£2,999, £3,000–£3,999, £4,000–£4,999, £5,000–£5,999, and £6,000 and over.

, pursuant to his reply [Official Report, 20th January 1975; Vol. 884, c. 232], gave the following information:For 1974–75 the estimated numbers are as follows:

Range of Investment IncomeNumbers
(£ pa)('000)
Under 1,0004,500

These numbers relate only to individuals (counting married couples as one) with total incomes above the effective tax exemption limit (£625 for 1974–75).