Income Tax

Amount of Duty charged and realized in each year from the 5th day of April, 1842, the rate in the pound at which such Tax was levied in each year, and the name of the Chancellor of the Exchequer imposing or continuing such Tax.

Year ended 6th April. Total Income Tax Charged. Net produce after allowing or sums discharged or returned if default and for repayments of Duty. Receipt in addition for unassessed Duty and for recoveries from Default Schedules. Rate of Duty on Incomes of Name of Chancellor of the Exchequer imposing or continuing Income Tax. Incomes wholly Exempted. Annual Income in respect of which an Abatement was allowed. Amount of Abatement. £100 and under £150 a year. £150 a year and upwards.

United Kingdom.

page 177

Income Tax, 1884-85.

A Statement showing the Gross Amount of Property and Profits assessed, and the Net Amount charged to Income Tax under each Schedule for the Year ended 5th April, 1885.

Deductions and Exemptions.

The deductions, &c., subtracted from the gross assessments give the net amount. These sums, amounting in 1883-84 to £17,789,341, are thus accounted for:—

Deductions (£2,228,689):
Land tax	£513,845
Sea walls. &c.	159,823
Ecclesiastical	9,318
Repair of churches	14,334
Parochial rates on rent-charges for tithes	1,212,293
Other	319,076
Exemptions (£11,796,745):
All incomes under £150 a year	11,796,745
Abatements (£1,026,555):
£120 on all incomes under £400 a year	1,026,555
Allowances, &c., (£2,737,852):
For colleges and halls in universities	£49,956
Hospitals, public schools, almshouses, &c.	1,226,634
Empty houses not charged to duty	523,248
Rent and profit of lauds applied to charitable purposes	833,421
Loss of fractions	104,093
Total Deductions and Exemptions	£17,789,314

There were 7,702,354 separate properties assessed under Schedule D in the United Kingdom in 1883-84. of which 1,268,670 were exempted, and 40,935 were abated.

page 178

Number of Persons charged to Schedule D of Income Tax (Trades and Professions only) under each Classification.
		£100	Under	£100	£200	£300	£400	£500	£600	£700
	Under £100	@ £150	£150	@ £200	@ £300	@ £400	@ £500	@ £600	@ £700	@ £800
	1	2	3	4	5	6	7	8	9	10
1868-69	78,959			196,993	57,657	24,854	12,421	9,528	5,485	3,410
1869-70	205,806			78,478	59,769	25,465	12,657	9,651	5,720	3,475
1870-71	220,621			80,666	62,375	26,639	13,199	10,276	5,915	3,607
1871-72	229,206			82,770	63,547	27,164	13,699	10,598	6,267	3,843
1872-73	270,060			83,720	44,195	29,477	14,363	11,064	6,836	4,076
1873-74	286,871			88,971	41,708	30,507	14,650	11,457	6,714	4,158
1874-75	38,930			316,371	83,586	33,759	15,779	12,133	7,202	4,250
1875-76	34,601	243,463		92,593	90,239	36,673	16,491	13,148	7,785	4,547
1876-77			60,450	132,833	93,198	41,752	17,971	13,442	8,005	4,671
1877-78			53,310	143,845	100,057	44,980	19,020	14,018	8,347	4,872
1878-79			49,536	147,950	102,711	45,896	19,400	13,801	8,308	4,888
1879-80			49,110	150,426	102,000	45,497	18,911	12,945	7,916	4,701
1880-81			48,010	152,841	103,249	45,837	18,932	12,993	7,919	4,744
1881-82			46,754	154,959	104,258	46,702	19,264	13,095	7,974	4,737
1882-83			48,495	159,988	107,324	47,433	19,472	13,060	7,865	4,839
1883-84			48,368	163,736	110,626	48,572	19,996	13,334	8,121	4,908

	£800	£900	£1,000	£2,000	£3,000	£4,000	£5,000	£10,000	£50,000 and upwards	Total Persons Charged.
	@ £900	@ £1,000	@ £2,000	@ £3,000	@ £4,000	@ £5,000	@ £10,000	@ £50,000
	11	12	13	14	15	16	17	18	19
1868-69	3,059	1,222	8,959	2,666	1,320	720	1,316	704	52	409,325
1869-70	3,218	1,215	9,157	2,725	1,411	676	1,354	742	57	421,576
1870-71	3,3.33	1,388	9,414	2,879	1,420	766	1,422	749	55	444,724
1871-72	3,430	1,481	10,105	3,113	1,521	854	1,566	875	70	460,109
1872-73	3,795	1,482	11,274	3,495	1,756	968	1,879	1,049	91	489,580
1873-74	8,938	1,576	11,496	3,611	1,789	997	1,992	1,146	97	511,678
1874-75	4,156	1,570	11,944	3,797	1,857	1,003	2,035	1,187	96	539,655
1875-76	4,276	1,601	12,679	3,942	1,859	1,060	2,026	1,178	88	568,249
1876-77	4,399	1,568	12,846	3,997	1,843	1,040	1,965	1,067	90	401,137
1877-78	4,428	1,569	13,003	3,991	1,896	1,032	1,940	1,020	95	417,423
1878-79	4,421	1,665	12,837	3,808	1,781	973	1,824	986	86	420,871
1879-80	4,106	1,699	12,011	3,604	1,664	898	1,671	939	81	418,179
1880-81	3,997	1,686	12,300	3,647	1,784	926	1,785	953	80	421,683
1881-82	4,147	1,731	12,560	3,829	1,762	969	1,839	1,026	89	425,695
1882-83	4,304	1,812	12,985	3,934	1,910	1,000	1,870	1,177	98	437,566
1883-84	4,430	1,976	13,268	4,202	1,947	1,117	1,871	1,192	104	447,768

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The Pamphlet Collection of Sir Robert Stout: Volume 14

Income Tax.

Income Tax, 1884-85.

Deductions and Exemptions.