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Company Directors

Volume 448: debated on Monday 3 July 2006

To ask the Chancellor of the Exchequer what estimate he has made of the number of company directors drawing salary in dividend form in each year since 2001-02; and if he will make a statement. (81146)

The number of company directors recorded on self-assessment returns and the number reporting any dividend income in each available year since 2001-02 are given in the following table.

Number of company directors

Of which: number with dividend income

2001-02

770,000

460,000

2002-03

790,000

490,000

2003-04

910,000

600,000

2004-05

970,000

630,000

The information on the tax return does not distinguish between dividend ncome from the director's own company and amounts derived from investments in other companies.