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Income Tax: Tax Rates and Bands

Treasury written question – answered on 24th November 2011.

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Photo of Gloria De Piero Gloria De Piero Shadow Minister (Home Affairs)

To ask the Chancellor of the Exchequer how many residents of Ashfield constituency paid 50p income tax rate in the latest period for which figures are available.

Photo of David Gauke David Gauke The Exchequer Secretary

An estimated 308,000 taxpayers are liable to income tax at the 50% additional rate in the United Kingdom in 2011-12. In the east midlands, which contains the Ashfield constituency the estimate is 12,000. These and estimates for other UK Government office regions are published on the HMRC website in tables 2.1 and 2.2 which are available at the following addresses;

Reliable estimates are not available at the parliamentary constituency level, due to greater uncertainties in projections for small geographical areas and small sample sizes.

These estimates are based on the 2007-08 Survey of Personal Incomes, projected using economic assumptions consistent with the Office for Budget Responsibility's March 2011 economic and fiscal outlook.

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