HC Deb 25 October 1973 vol 861 cc566-7W
Mr. Roper

asked the Chancellor of the Exchequer what would be the additional revenue, on the same assumptions as those used in Cmnd. Paper No. 5116, of abolishing personal allowances against higher rate income tax thereby only giving higher-rate taxpayers the standard tax credits.

Mr. Nott

Of the order of £60 million.