asked the Minister for Finance if he will state in tabular form the change in taxation in real terms between 1938/39 and 1958/59 in the case of earned incomes (Schedule E) for (a) single persons (b) married persons and (c) married persons with two children, under the following headings and sub-headings: (1) income £100 to £1,000, inclusive, (a) 1938/39 income and (b) equivalent 1958/59 income; (2) 1938/39 tax rates (a) actual liabilities, (b) 1958/59 equivalent liabilities; (3) 1958/59 tax rates (a) actual liabilities (b) increase per cent. in relation to 1938/39, and (4) tax liabilities as a percentage of income (a) 1938/39 (b) 1958/59.
Written Answers. - Taxation Statistics.
Following is the information:—
SINGLE PERSONS.
|
(1) |
(2) |
(3) |
(4) |
||||||||||
|
INCOME (Earned) |
1938-39 INCOME-TAX RATES |
1958-59 INCOME-TAX RATES |
INCOME-TAX LIABILITY AS PERCENTAGE OF INCOME |
||||||||||
|
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
||||||
|
1938-39 Income |
*Equivalent 1958-59 Income |
1938-39 Actual liability |
*Equivalent 1958-59 liability |
Actual liability on Income in Col. 1 (b) |
Percentage Increase of Col. 3 (a) in relation to Col. 2 (b) |
1938-39 Col. 2 (a) and 1 (a) |
1958-59 Col. 3 (a) and 1 (b) |
||||||
|
£ |
£ |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|||
|
100 |
265 |
nil |
— |
7 |
6 |
3 |
— |
— |
2.8 |
||||
|
200 |
530 |
4 |
13 |
9 |
12 |
8 |
5 |
62 |
16 |
3 |
406 |
2.3 |
11.9 |
|
300 |
795 |
16 |
17 |
6 |
44 |
14 |
5 |
137 |
6 |
10 |
207 |
5.6 |
17.3 |
|
400 |
1,060 |
35 |
12 |
6 |
94 |
8 |
2 |
216 |
15 |
0 |
130 |
8.9 |
20.4 |
|
500 |
1,325 |
55 |
2 |
6 |
146 |
1 |
8 |
296 |
5 |
0 |
103 |
11.0 |
22.4 |
|
600 |
1,590 |
75 |
7 |
6 |
199 |
14 |
11 |
379 |
2 |
6 |
90 |
12.6 |
23.8 |
|
700 |
1,855 |
95 |
12 |
6 |
253 |
8 |
2 |
472 |
13 |
9 |
87 |
13.7 |
25.5 |
|
800 |
2,120 |
115 |
17 |
6 |
307 |
1 |
5 |
586 |
10 |
0 |
91 |
14.5 |
27.7 |
|
900 |
2,385 |
136 |
2 |
6 |
360 |
14 |
8 |
705 |
15 |
0 |
96 |
15.1 |
29.6 |
|
1,000 |
2,650 |
156 |
7 |
6 |
414 |
7 |
11 |
825 |
0 |
0 |
99 |
15.6 |
31.1 |
MARRIED PERSONS.
|
(1) |
(2) |
(3) |
(4) |
||||||||||
|
INCOME (Earned) |
1938-39 INCOME-TAX RATES |
1958-59 INCOME-TAX RATES |
INCOME-TAX LIABILITY AS PERCENTAGE OF INCOME |
||||||||||
|
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
||||||
|
1938-39 INCOME |
*Equivalent 1958-59 Income |
1938-39 Actual liability |
*Equivalent 1958-59 liability |
Actual liability on Income in Col. 1 (b) |
Percentage Increase of Col. 3 (a) in relation to Col. 2 (b) |
1938-39 Col. 2 (a) and 1 (a) |
1958-59 Col. 3 (a) and 1 (b) |
||||||
|
£ |
£ |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|||
|
100 |
265 |
Nil |
Nil |
Nil |
— |
— |
— |
||||||
|
200 |
530 |
Nil |
Nil |
13 |
2 |
6 |
— |
— |
2.5 |
||||
|
300 |
795 |
2 |
16 |
3 |
7 |
9 |
1 |
77 |
6 |
10 |
938 |
.9 |
9.7 |
|
400 |
1,060 |
13 |
2 |
6 |
34 |
15 |
8 |
156 |
15 |
0 |
350 |
3.3 |
14.8 |
|
500 |
1,325 |
32 |
12 |
6 |
86 |
9 |
2 |
236 |
5 |
0 |
173 |
6.5 |
17.8 |
|
600 |
1,590 |
52 |
17 |
6 |
140 |
2 |
5 |
319 |
2 |
6 |
128 |
8.8 |
20.1 |
|
700 |
1,855 |
73 |
2 |
6 |
193 |
15 |
8 |
412 |
13 |
9 |
113 |
10.4 |
22.2 |
|
800 |
2,120 |
93 |
7 |
6 |
247 |
8 |
11 |
526 |
10 |
0 |
113 |
11.7 |
24.8 |
|
900 |
2,385 |
113 |
12 |
6 |
301 |
2 |
2 |
645 |
15 |
0 |
114 |
12.7 |
27.1 |
|
1,000 |
2,650 |
133 |
17 |
6 |
354 |
15 |
5 |
765 |
0 |
0 |
111 |
13.4 |
28.9 |
MARRIED PERSONS WITH TWO CHILDREN.
|
(1) |
(2) |
(3) |
(4) |
||||||||||
|
INCOME (Earned) |
1938-39 INCOME-TAX RATES |
1958-59 INCOME-TAX RATES |
INCOME-TAX LIABILITY AS PERCENTAGE OF INCOME |
||||||||||
|
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
||||||
|
1938-39 Income |
*Equivalent 1958-59 Income |
1938-39 Actual liability |
*Equivalent 1958-59 liability |
Actual liability on Income in Col. 1 (b) |
Percentage Increase of Col. 3 (a) in relation to Col.2 (b) |
1938-39 Col. 2 (a) and 1 (a) |
1958-59 Col. 3 (a) and 1 (b) |
||||||
|
£ |
£ |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|||
|
100 |
265 |
Nil |
Nil |
Nil |
— |
— |
— |
||||||
|
200 |
530 |
Nil |
Nil |
Nil |
— |
— |
— |
||||||
|
300 |
795 |
Nil |
Nil |
12 |
18 |
9 |
— |
— |
1.6 |
||||
|
400 |
1,060 |
Nil |
Nil |
81 |
15 |
0 |
— |
— |
7.7 |
*The "equivalent 1958-59" figures represent the 1938-39 figures adjusted by reference to the Consumer Price Index at mid-February, 1958.
|
(1) |
(2) |
(3) |
(4) |
||||||||||
|
INCOME (Earned) |
1938-39 INCOME-TAX RATES |
1958-59 INCOME-TAX RATES |
INCOME-TAX LIABILITY AS PERCENTAGE OF INCOME |
||||||||||
|
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
(a) |
(b) |
||||||
|
1938-39 Income |
*Equivalent 1958-59 Income |
1938-39 Actual liability |
*Equivalent 1958-59 liability |
Actual liability on Income in Col. 1 (b) |
Percentage Increase of Col. 3 (a) in relation to Col. 2 (b) |
1938-39 Col. 2 (a) and 1 (a) |
1958-59 Col. 3 (a) and 1 (b) |
||||||
|
£ |
£ |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|||
|
500 |
1,325 |
8 |
8 |
9 |
22 |
7 |
2 |
161 |
5 |
0 |
622 |
1.7 |
12.2 |
|
600 |
1,590 |
25 |
17 |
6 |
68 |
11 |
5 |
244 |
2 |
6 |
258 |
4.3 |
15.4 |
|
700 |
1,855 |
46 |
2 |
6 |
122 |
4 |
8 |
337 |
13 |
9 |
176 |
6.6 |
18.2 |
|
800 |
2,120 |
66 |
7 |
6 |
175 |
17 |
11 |
451 |
10 |
0 |
157 |
8.3 |
21.3 |
|
900 |
2,385 |
86 |
12 |
6 |
229 |
11 |
2 |
570 |
15 |
0 |
149 |
9.6 |
23.9 |
|
1,000 |
2,650 |
106 |
17 |
6 |
283 |
4 |
5 |
690 |
0 |
0 |
144 |
10.7 |
26.0 |
*The "equivalent 1958-59" figures represent the 1938-39 figures adjusted by reference to the Consumer Price Index at mid-February, 1958.