Incomes In Britain
Figures recently' released by the Cominisisoners of Inland Revenue, reveal that by far the greatest number of wage and salary earners in- Britain still live on incomes ranging from £l5O to £5OO a year. Eight and three-quar-ter million people deceive between £250 and £5OO. and a little fewer than 8.500,000 between £l5O and £250 a year. I,n the upper income brackets the number receiving between £4OOO and £6OOO a year, after tax deductions, has how been reduced to 3430, On the present scale of taxation a net income of more than £4OOO a year means that the .recipient must receive a gross income of more than £20,000. The report shows that there is only, one estate in England the net value of which exceeds £3,000,000. There are four valued at between £2,000,000 and £3,ooo,ooo.—London, July 31. /
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Greymouth Evening Star, 2 August 1949, Page 8
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139Incomes In Britain Greymouth Evening Star, 2 August 1949, Page 8
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