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Income Tax

Volume 15: debated on Wednesday 16 December 1981

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asked the Chancellor of the Exchequer if he will give figures to show the distribution of personal income after tax for the years 1978–79, 1979–80 and 1980–81 for (a) the top 1 per cent., (b) the top 5 per cent., (c) the top 10 per cent., (d) the top 40 per cent., (e)the top 70 per cent. and (f) the bottom 30 per cent. of income levels.

Following is the information for 1978–79. Estimates for later years are not available.

(Tax-units)Share of total income after tax per cent.
(a) top 1 per cent.3·9
(b) top 5 per cent.13·7
(c) top 10 per cent.23·4
(d) top 40 per cent.64·5
(e) top 70 per cent.87·9
(f) bottom 30 per cent.12·1