Get in touch, .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}UK daily Covid cases reach new high of 33,470. Infographic PA Graphics PA Graphics, Long-term net migration to the UK. It came after an audience member on a recent episode of BBC Question Time sparked a debate about whether earning more than £80,000 per year puts a person in the top five percent of earners in the UK. Labour said it would only raise income tax for those in the top 5 per cent. Infographic by PA Graphics PA Graphics, General election 2019 seats to watch in North-west England. The BBC is not responsible for the content of external sites. See story POLITICS Election IFS. Charlotte Hodges, Candidates at UK general elections since 1979. To do this, we break the adult population down into families, and then sort them into 10 equally sized groups - or deciles - based on their wealth. Net financial wealth - savings, Isas, stocks and shares - is worth £1.6tn. Many are at the end of a career and have had time to accumulate savings, pensions and property. Claim: £80,000 salary is nowhere near in the top 5%...not even in the top 50% A UK employee in the 90th percentile has an average annual gross pay of £54,180 in 2019, the Statista chart said. Infographic PA Graphics PA Graphics, How many women MPs could there be after the election? The top fifth of households currently pay 30.9 per cent of their income in direct taxes such as income tax, compared with 14.7 per cent for the poorest one-fifth of people. Importantly, they do not include the significant proportion of the population that does not work - retired people, the unemployed and those not seeking work. The ONS publishes figures for average earnings in various professions (it's table 14.7a here). How to understand the graph : A picture of the United Kingdom income distribution is shown below, with all incomes expressed in terms of the equivalent amount for a household of your type. Covid-19 in the UK: How many coronavirus cases are there in your area? See story POLITICS Election NorthWest. Please be respectful when making a comment and adhere to our Community Guidelines. Read about our approach to external linking. Charlotte Hodges, Pound v dollar. People often think of wealth as being held in property and, to an extent, they are correct - at £4.6tn, it represents 36% of total wealth. Charlotte Hodges, General Election 2019 seats to watch, south-east England. Charlotte Hodges, General Election 2019: Jeremy Corbyn's campaign visits so far.