Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people who are directors of limited companies received total payments, including dividends, of (a) under £10,000, (b) £10,000-£20,0000, (c) £20,000-£30,0000, (d) £30,000-£40,000, (e) £40,000-£50,000, (f) £50,000-£100,000 and (g) £100,000 and above, in the last 12 month period for which figures are available.
Answered by Jesse Norman
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people who are directors of limited companies received total dividend payments of (a) under £10,000, b) £10,000-£20,0000, (c) £20,000-£30,0000, (d) £30,000-£40,000, (e) £40,000-£50,000, (f) £50,000-£100,000 and (g) £100,000 and above for the latest 12 month period for which figures are available.
Answered by Jesse Norman
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.
Asked by: Sam Tarry (Labour - Ilford South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the (a) median and (b) mean payment, including dividends, was to directors of limited companies in the last 12 month period for which figures are available.
Answered by Jesse Norman
Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.
52599:
Total Income Reported | Number of Directors |
Less than £10k | 150,000 |
£10-20k | 340,000 |
£20-30k | 260,000 |
£30-40k | 230,000 |
£40-50k | 310,000 |
£50-100k | 330,000 |
Greater than £100k | 170,000 |
52600:
Dividends Income Reported | Number of Directors |
Less than £10k | 900,000 |
£10-20k | 250,000 |
£20-30k | 200,000 |
£30-40k | 220,000 |
£40-50k | 70,000 |
£50-100k | 120,000 |
Greater than £100k | 40,000 |
52601:
The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.