Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of self-employed solicitors who exceed an average trading profit of £50,000 per year.

HMRC’s Annual Personal Incomes Statistics series includes information on Self-employment income assessable to tax.

Table 3.9 shows there were 57,000 sources of self-employment in the “Legal & Accounting Activities” industry group where income was over £50,000 in the 2017-18 tax year. The Personal Incomes Statistics can be found here: https://www.gov.uk/government/statistics/personal-incomes-tables-31-to-311-316-and-317-for-the-tax-year-2017-to-2018