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Mr. Lawson
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.
Mr. Robert Sheldon
, 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 Income | Numbers |
(£ pa) | ('000) |
Under 1,000 | 4,500 |
1,000–1,999 | 400 |
2,000–2,999 | 165 |
3,000–3,999 | 80 |
4,000–4,999 | 45 |
5,000–5,999 | 26 |
6,000+ | 60 |
These numbers relate only to individuals (counting married couples as one) with total incomes above the effective tax exemption limit (£625 for 1974–75).