BRITISH INCOMES.

Dominion, Volume 5, Issue 1259, 14 October 1911, Page 5

BRITISH INCOMES.

TEN THOUSAND OF OVER £5000. By Tolerraph—Press Aesociation—Copyright London, October 12. The Inland Revenue Department* report shows that gross incomes totalled .£1,011,000,000, including fifteen cstatos worth over a million pounds each. The report also shows that 10,000 persons possess ever £5000 a year. Tho collection of income tax cost 0.95 per centum. Mr. Lloyd-George stated recently in a Parliamentary paper that 10,300 persons were liable to super-tax in 1909-10. In other words they had over £5000 a year. The total incomo of these persons was £130,000,700, or an average of £12,621 each. It is curious to seo that the popular phrase of tho "upper ton thousand has thus been justified in one senso at least. The latest income-tax return shows that tho gross income which camo under tho purview of the Inland Revenue was £1,009,000,000 in 1908-9, beforo tho supertax was in force. It also shows that tho total incomo of 585,000 employees was £13,600,000, an- average of £233 a bead. Thero were 202 employees with salaries over £5000, and twenty business men made incomes of over £50,000. But as no details have ever been given of incomes from land, any computation of the number of rich men in tho conntry and of their averago incomo has been hitherto impossible.