Taxpayers
(asked on 13th May 2020) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government how many taxpayers there were with a gross taxable income (1) over £5,000,000, (2) £1,000,000–£4,999,999, (3) £750,000–£999,999, (4) £500,000–£749,999, (5) £250,000–£499,999, (6) £150,000–£249,999, (7) £100,000–£149,999, (8) £75,000–£99,999, (9) £50,000–£74,999, (10) £30,000–£49,999,and (11) under £30,000, during the 2018–19 financial year.
The table below contains estimates of UK taxpayer numbers grouped into gross taxable income bands for the 2018-19 financial year:
Taxpayers by range of total taxable income, 2018-19 | |
Range of total income | Number of taxpayers |
£11,850 (a) | 19,500 |
£30,000 | 7,960 |
£50,000 | 2,430 |
£75,000 | 789 |
£100,000 | 569 |
£150,000 | 260 |
£250,000 | 125 |
£500,000 | 27 |
£750,000 | 12 |
£1 million | 18 |
£5 million | 1 |
Total (b) | 31,700 |
(a) Can include some taxpayers who are not entitled to any/a full Personal Allowance whose total income can be less than the Personal Allowance.
(b) Total may not sum exactly due to rounding.
- Taxpayer numbers are rounded to the nearest one thousand and shown to three significant figures where appropriate.
- The figures for 2018-19 are based on outturn data derived from the 2016-17 Survey of Personal Incomes (SPI) and projected using economic assumptions consistent with the Office for Budget Responsibility’s March 2019 Economic and Fiscal Outlook.
In addition to the requested information, the estimated number of income tax payers by total income for 2018-19 are published on page 34 of the HMRC UK Income Tax Liability Statistics bulletin.