To ask the Chancellor of the Exchequer if he will update his answer of 25 February, Official Report, column 690, on the number of taxpayers, giving estimates for 1993–94.
Latest estimates for 1992–93 and 1993–94 are given in the table. The figures for 1992–93 have been revised in line with more recent information. Taxpayers
| Thousands | |||||||||
| Male | Female | All tax payers | |||||||
| Single | Married | Single | Married | ||||||
| aged under 65 | aged 65 and over | aged under 65 | aged 65 and over | aged under 65 | aged 65 and over | aged under 65 | aged 65 and over | ||
| 1992–93 taxpayers | |||||||||
| Lower rate taxpayers | 660 | 200 | 300 | 310 | 730 | 370 | 1,100 | 70 | 3,900 |
| Basic rate taxpayers | 4,200 | 260 | 6,800 | 650 | 2,700 | 500 | 3,800 | 260 | 19,200 |
| Higher rate taxpayers | 240 | 20 | 1,100 | 60 | 90 | 30 | 100 | 20 | 1,600 |
| All taxpayers | 5,100 | 480 | 8,200 | 1,000 | 3,600 | 910 | 4,900 | 550 | 24,700 |
| 1993–94 taxpayers | |||||||||
| Lower rate taxpayers | 830 | 240 | 440 | 380 | 870 | 460 | 1,300 | 320 | 4,900 |
| Basic rate taxpayers | 4,000 | 230 | 6,500 | 580 | 2,600 | 440 | 3,400 | 230 | 18,000 |
| Higher rate taxpayers | 250 | 20 | 1,100 | 60 | 90 | 30 | 90 | 20 | 1,600 |
| All taxpayers | 5,100 | 490 | 8,100 | 1,000 | 3.5 | 920 | 4,800 | 560 | 24,500 |
The district health authorities' figures for 1991–92 are nor comparable with those for earlier years as they show the authorities primarily as purchasers rather that providers of health care. The figures for DHAs will vary reflecting a transitional position as the North East Thames regional health authority moves towards allocation funds to DHAs on a weighted capitation basis. Figures for total spending per capita include other resources, such as regional budgets and local income, in addition to allocations for resident population.
are classified as lower rate, basic rate or higher rate by comparing their taxable income with the lower rate and basic rate limits. Taxable income is defined as gross income less those allowances and reliefs which are available at taxpayers' marginal rates. In the earlier answer mortgage interest relief at source was deducted from taxable income in classifying taxpayers as basic or lower rate. However, as MIRAS is given at a single rate, and does not affect the taxpayer's marginal rate, it is more helpful for this purpose to disregard it. The effect of the definition now adopted is to reduce slightly the estimated number of lower rate taxpayers.
To ask the Chancellor of the Exchequer if he will update the information given in tables 5.6 and 5.8 of the autumn statement 1992 on the basis of changes announced in the Budget.
The table updates the information contained in table 5.6 of the Autumn Statement and shows the cost/yield in 1993–94 of illustrative tax changes implemented at the start of the year (receipts basis) and the corresponding cost/yield once the full effect of the changes come through (the full year basis) after taking into account the tax changes proposed in the Budget. Detailed information for the effect of the complete range of ready reckoner changes in 1994–95 is not yet available but will be published in "Inland Revenue Statistics" during the summer.The estimates of the direct effects of illustrative changes in indirect taxes given in table 5.8 are broadly unchanged.
| Table 6 Direct effects of illustrative changes in direct taxes1 | ||
| Income tax2 | £ million cost/yeild Receipts | 1993–94 Full year |
| Rates | ||
| Change lower rate by lp | 320 | 380 |
| Change basic rate by lp | 1,300 | 1,500 |
| Change higher rate by lp | 190 | 330 |
| Allowances | ||
| Change personal allowance by £100 | 450 | 550 |
| Change age-related personal allowances by £1003 | 40 | 55 |
| Change married couple's allowance by £1004 | 180 | 230 |
| Change age-related married couple's allowances by £1003 | 14 | 18 |
| Change aged income limit by £500 | 6 | 10 |
| Change all main allowances by 1 per cent.5 | 210 | 260 |
| Change all main allowances by 10 per cent.:5 | ||
| increase (cost) | 2,050 | 2,575 |
| decrease (yield) | 2,150 | 2,675 |
| Lower rate band | ||
| Increase lower rate band by 10 per cent.5 | 190 | 240 |
| Basic rate limit | ||
| Change basic rate limit by 1 per cent.5 | 40 | 60 |
| Change basic rate limit by 10 per cent.:5 | ||
| increase (cost) | 360 | 530 |
| decrease (yield) | 470 | 670 |
| Allowances, lower rate band and basic rate limit | ||
| Change all main allowances, lower rate band and basic rate limit by 1 per cent.5 | 270 | 340 |
| Change all main allowances, lower rate band and basic rate limit by 10 per cent.:5 | ||
| increase (cost) | 2,575 | 3,300 |
| decrease (yield) | 2,850 | 3,650 |
| Corporation tax6 | ||
| Change full rate by 1 percentage point Change small companies' rate by 1 | 330 | 460 |
| percentage point7 | 65 | 100 |
| Capital gains tax8 | ||
Income tax2
| £ million costjyeild Receipts
| 1993–94 Full year
|
| Change annual exempt amount by £500 for individuals and £250 for trusts | 0 | 11 |
Inheritance tax8
| ||
| Change rate by 1 percentage point | 11 | 34 |
| Increase threshold by £5,000 | 12 | 36 |
1 The estimated revenue effects of changes on receipts are rounded. The extent of rounding reflects the desire to avoid undue compounding of its effects when numbers are pro-rated, rather then the accuracy of the estiamtes. | ||
2 The figures for income tax changes include consequential effects on the yield of capital gains tax. Changes are assumed to take effect from April 1993. | ||
3 Allowances for those aged 65 to 74 and aged 75 and over. | ||
4 Figures include revenue effects of changing additional personal allowance and widow's bereavement allowance by £100. | ||
5 Percentage changes are calculated with reference to 1993–94 levels. | ||
6 Assessment to corporation tax normally relates to the preceding year. These estimates are the changes to revenue that would occur if the changed rates were applied to profits from 1 April 1992. | ||
7 These figures ignore effects arising from the imputition system. | ||
8 These changes are assumed to take effect from April 1993. | ||
To ask the Chancellor of the Exchequer if he will update his answer of 25 February, Official Report, column 688, on the number of taxpayers who pay tax at the rate of 20 per cent. only, giving estimates for 1993–94.
Latest estimates for 1993–94 indicate that about 4·9 million taxpayers will pay tax only at the lowest rate of 20 per cent. Their average gross income will be about £5,300 and average taxable income (defined as gross income less those allowances and reliefs which are available at the taxpayer"s marginal rate) will be £1,200.
To ask the Chancellor of the Exchequer if he will estimate for 1993–94 the number of people with (a) taxable income and (b) other income who have no tax liability, giving figures separately for (i) families with children, (ii) childless couples, (iii) single people and (iv) pensioners and non-pensioners.
The estimated numbers of taxpayers and non-taxpayers for 1993–94 are shown in the table. The estimates in the first table are based on a projection of the 1990–91 Survey of Personal Incomes and estimates of the total population. Information on types of family is derived from a number of sources including the 1991 Family Expenditure Survey and the estimates are approximate.
| (millions) | ||
| Taxpayers | Non-taxpayers | |
| People aged 65 or over | 3·0 | 6·2 |
| People aged over 16 but less than 65 | 21·5 | 15·4 |
| (millions) | |||
| Families with children1 | Childless couples | Single people without children | |
| Two taxpayers | 2·0 | 3·1 | — |
| One taxpayer | 2·9 | 1·9 | 9·6 |
| No taxpayers | 2·2 | 2·5 | 8·8 |
| 1 Includes 1·4 million lone parents. | |||
To ask the Chancellor of the Exchequer if he will publish figures estimating the number of taxpayers in 1993–94 with (a) gross and (b) taxable incomes in the following income ranges: (i) under £5,000, (ii) £5,000 to £10,000, (iii) £10,000 to £15,000, (iv) £15,000 to £20,000 (v) £20,000 to £25,000 (vi) £25,000 to £30,000, (vii) £30,000 to £40,000, (viii) £40,000 to £50,000, (ix) £50,000 to to £70,000, (x) £70,000 to £80,000 and (xi) over £80,000.
Latest estimates are given in the table:
| Thousands | ||
| Number of taxpayers by range of | ||
| 1Gross income | 2Taxable income | |
| Under £5,000 | 2,200 | 9,100 |
| £5,000 to £10,000 | 7,600 | 6,600 |
| £10,000 to £15,000 | 6,100 | 4,000 |
| £15,000 to £20,000 | 3,700 | 2,300 |
| £20,000 to £25,000 | 2,200 | 1,000 |
| £25,000 to £30,000 | 1,100 | 490 |
| £30,000 to £40,000 | 860 | 470 |
| £40,000 to £50,000 | 320 | 200 |
| £50,000 to £70,000 | 230 | 150 |
| £70,000 to £80,000 | 50 | 30 |
| over £80,000 | 140 | 110 |
| Total taxpayers | 24,500 | 24,500 |
| 1 Gross income is defined as total income for income tax purposes. It excludes income from certain social security benefits and some investment income such as National Savings Certificates. | ||
| 2Taxable income is defined as gross for income tax purposes less those allowances and reliefs which are available at the taxpayer's marginal rate. | ||