HC Deb 11 March 1971 vol 813 c157W
Mr. Cormack

asked the Chancellor of the Exchequer what is his estimate of the loss of revenue on the basis of a top rate of personal direct taxation of 75p.

Mr. Patrick Jerkin

If the top rate of surtax were limited to 33¾ per cent., the cost would be about £40 million for a full year.

Forward to