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Higher-Rate Taxpayers

Volume 116: debated on Monday 11 May 1987

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asked the Chancellor of the Exchequer what is his estimate of the change in the number of higher-rate taxpayers in 1987–88: and if he will publish in the Official Report a table showing for all higher-rate taxpayers the forecast distribution by income and tax category.

The number of married couples and single people liable to higher rates of income tax is provisionally estimated to be 1,030,000 in 1986–87 and 1,200,000 in 1987–88. The table shows the distribution of those liable to higher rate tax in 1987–88 by income and tax category.

Higher Rate Tax Units1, 1987–88 (Thousands)
Range of incomeSinglesMarried couples (wife not working)Married couples (both working)All
£ per year
Under 20,0000000
20,000–25,000807060210
25,000–30,00050100220370
30,000–50,00050120290460
Over 50,000305080160
TOTAL2103406501,200
1Counting a married couple as one and combining the partners' incomes.