HC Deb 12 February 1973 vol 850 cc271-3W
Mr. David Steel

asked the Chancellor of the Exchequer (1) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the relief on loan interest over £35 per annum from the date the change became operative until 31st March 1973;

(2) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from his concession of estate duty tax on the joint estate of the surviving households with weekly incomes of, respectively, £20–£30, £30–£40, £40–£50, £50–£100, and over £100, divided in each case between retirement and other pensioners and non-pensioner households with, respectively, no dependent children and one, two, three, four and five or more children.

Mr. Nott

The figures are not available in the form in which the hon. Member asks but round estimates for broader income groups are as follows:

husband or wife from the date the change became operative until 31st March 1973;

(3) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the increase in exemption limit for estates of up to £15,000 coupled with an easing of the scale of death duty rates, from the date the changes became operative until 31st March 1973;

(4) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from his decision to tax at half rate the capital gains tax gains from unit and investment trusts from the date the change became operative until 31st March 1973;

(5) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the increase in exemption limit for estate duties to £12,500 announced in his 1971 Budget from the date the change became operative until 31st March 1973;

(6) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the abolition of capital gains tax on estates announced in his 1971 Budget from the date the changes became operative until 31st March 1973;

(7) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the disaggregation of a child's investment income from its parents' from the date the gains became effective until 31st March 1973;

(8) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the 2½ per cent. cut in corporation tax announced in the 1971 Budget from the date the cut became operative until 31st March 1973;

(9) if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the 2½ per cent. cut in corporation tax announced in the 1972 Budget from the date the cut became effective until 31st March 1973.

Mr. Nott

This information is not available.

Mr. David Steel

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from the increase in the surtax limit announced in the 1972 Budget from the date the change became operative until 31st March 1973.

Mr. Nott

About £3 million.

Mr. David Steel

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers from increasing to 15 per cent. the earned income relief on incomes over £4,005 and abolishing the upper limit of £9,945 from the date the changes became effective until 31st March 1973.

Mr. Nott

About £20 million.

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