B—6

Table No. 9 PRIVATE INCOME AND INCIDENCE OF DIRECT TAXATION

x

£(million) — 1938-39. 1939-40. 1940-41. 1941-42. 1942-43. 1943-44. 1944-45. 1945-46. 1946-47. 1947-48. 1948-49 (Provisional). Salary and wage payments Less direct taxes .. 111-1 4-9 110-6 8-0 117-9 12-5 121-2 15-6 127-6 19-4 141-5 23-4 147-8 24-5 162-4 26-8 187-0 23-7 210-6 24-5 226-0 27-1 106-2 102-6 105-4 105-6 108-2 118-1 123-3 135-6 163-3 186-1 198-9 Pay and allowances of Armed Forces Less direct taxes 0-9 3-1 16-7 0-8 26-5 1-1 47-1 3-2 57-9 3-5 48-3 3-8 40-0 3-3 8-2 1-2 6-4 0-3 4-0 0-5 0-9 3-1 15-9 25-4 43-9 54-4 44-5 36-7 7-0 6-1 3-5 Social security benefits and pensions 7-7 11.-5 12-5 12-9 14-4 15-8 17-6 20-9 34-8 37-6 39-5 Other personal income (including rental value of owner-occupied houses) Less direct taxes 60-5 11-8 66-8 13-3 66-2 18-8 70-7 20-7 75-6 24-2 81-2 25-9 89-1 26-3 99-1 29-4 117-0 29-3 137-4 30-1 142-5 35-1 48-7 53-5 47-4 50-0 51-4 55-3 62-8 69-7 87-7 107-3 107-4 Company income Less direct taxes 19-9 7-1 25-0 9-2 24-0 13-5 28-0 14-0 33-2 19-6 36-7 22-7 38-2 26-6 42-0 25-5 48-3 24-0 53-7 22-5 50-0 30-4 12-8 15-8 10-5 14-0 13-6 14-0 11-6 16-5 24-3 31-2 19-6 Private income Less direct taxes( *) .. 200-1 23-8 217-0 30-5 237-3 45-6 259-3 51-4 297-9 66-4 333-1 75-5 341-0 81-2 364-4 85-0 395-3 78-2 445-7 77-4 462-0 93-1 Private disposable income 176-3 186-5 191-7 207-9 231-5 257-6 259-8 279-4 317-1 368-3 368-9 ( 1 ) Excludes direct taxes on Government trading profits.