To ask the Chancellor of the Exchequer what was the total and average income and earned income in 1990–91 and 1991–92 of (a) the top one per cent., (b) the top five per cent., (c) the top 10 per cent., (d) the bottome 70 per cent., (e) the bottom 50 per cent., (f) the bottom 10 per cent. of taxpayers and (g) all taxpayers.
Estimates are given in the table:Kirkwood) on 3 April 1990,
Official Report, columns 525–26, and including two additional ranges of income, those from £70,000 to £100,000 and those over £100,000.
Latest estimates of the reduction in tax liability resulting from the changes in tax rates, allowances and thresholds are in the following table. The 1978–79 income tax regime has been indexed to 1991–92 levels by reference to the statutory formula, and allowing for independent taxation. A reliable analysis of taxpayers with incomes over £80,000 is not available.For the purposes of these calculations the indexed regime of 1978–79 is applied directly to the income base of 1991–92. In practice, retention of the regime, indexed as appropriate for the intervening years would have led to changes in the income base.
| Reduction in income tax compared with 1978–79 indexed regime | |||
| Range of individual's income in 1991–92 | Number of individuals 1991–921(million) | Total reduction in (£ million) | Average gain per individual (£) |
| Under 5,000 | 3·5 | 450 | 120 |
| 5,000–10,000 | 8·4 | 2,600 | 310 |
| 10,000–15,000 | 6·5 | 4,100 | 640 |
| 15,000–20,000 | 4·0 | 3,900 | 980 |
| 20,000–30,000 | 2·9 | 4,400 | 1,500 |
| 30,000–50,000 | 1·1 | 3,000 | 2,800 |
| 50,000–80,000 | 0·3 | 2,600 | 8,700 |
| Over 80,000 | 0·1 | 6,600 | 45,600 |
| Total | 26·8 | 27,800 | 1,000 |
1 Individuals who would he liable to tax under the indexed 1978–79 regime.