Directors: Investment Income

(asked on 26th May 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many people who are directors of limited companies received total dividend payments of (a) under £10,000, b) £10,000-£20,0000, (c) £20,000-£30,0000, (d) £30,000-£40,000, (e) £40,000-£50,000, (f) £50,000-£100,000 and (g) £100,000 and above for the latest 12 month period for which figures are available.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 9th June 2020

Individuals can report that they are a director on their Self-Assessment return. HMRC have provided data based on these individuals for the 2018/19 tax year, but this will not account for late filing behaviour, those who have chosen not report this information on the form, or those who do not need to complete Self-Assessment returns. Based on this data, HMRC have estimated responses to the questions, rounded to the nearest 10,000 individuals.

52599:

Total Income Reported

Number of Directors

Less than £10k

150,000

£10-20k

340,000

£20-30k

260,000

£30-40k

230,000

£40-50k

310,000

£50-100k

330,000

Greater than £100k

170,000

52600:

Dividends Income Reported

Number of Directors

Less than £10k

900,000

£10-20k

250,000

£20-30k

200,000

£30-40k

220,000

£40-50k

70,000

£50-100k

120,000

Greater than £100k

40,000

52601:

The mean income of directors based on HMRC data is £59,000, and the median is £36,400, both rounded to the nearest £100.

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