The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Hancock
To ask the Chancellor of the Exchequer what percentage of income is paid in tax by those earning (a) the lowest 20 per cent. and (b) the top 5 per cent. in earnings; and if he will make a statement. [102505]
Dawn Primarolo
It is estimated from the New Earnings Survey that the 20th percentile point and the 95th percentile point are £14,350 and £53,600 respectively.Estimates are in the following table.
Total income range | Income tax as a percentage of total income |
Less than £14,350 | 6 |
£53,600 and over | 31 |