Disabled Persons (Equipment Research) (Hansard, 7 April 1976)

§ Mr. Carter-Jones

asked the Chancellor of the Exchequer what action he is taking to improve the quality of the submissions by his Department to the annual reports pursuant to Section 22 of the Chronically Sick and Disabled Persons Act 1970 concerning research and development work on equipment that might be of benefit to disabled people; and if he will ensure that possible spin-offs from

Income Tax
Country	Income Year	Threshold (£) (1)	Initial Rate per cent.	Maximum Rate per cent.
Belgium	…	1975	540	16.2	72
				(17.2) (2)	(75.6) (2)
Denmark	…	1975	1,550	14.4	39.6
				(35) (2)	(60.2) (2)
France	…	1975	1,370	5	60
Germany	…	1975	1,490	22	56
Ireland	…	1975–76	930	26	77
Italy	…	1976	450	10	72
Luxembourg	…	1975	1,620	18	57
Netherlands	…	1976	1,630	20	72
United Kingdom	…	1975–76	955 (3)	35	98
Sweden	…	1975	1,160	7	56
				(30) (2)	(79) (2)
USA	…	1975	2,000	14	70
				(15) (2)	(73.3) (2)
Canada	…	1976	2,080	6	47
				(7.8) (2)	(61.3) (2)
Japan	…	1975	910	4	75
				(14) (2)	(93) (2)

Notes:

(1) Sterling equivalents are calculated at 30th March 1976 and rounded up to the nearest £10.

(2) The figures in brackets show rates inclusive of representative local income tax, or of general additional charge.

(3) The married person's allowance, above which income tax becomes payable at the basic rate of 35 per cent. A surcharge of 10 per cent. is payable on investment income in excess of £1,000, rising to 15 per cent. on investment income in excess of £2,000. The 15 per cent. surcharge, added to the top rate of income tax of 83 per cent., gives the maximum rate of 98 per cent.

(4) Further information about the treatment of various kinds of investment income in the countries specified is contained in "Income Taxes Outside the United Kingdom" compiled by the Inland Revenue, a copy of which is in the Library.

226W

technological advances are not overlooked.