HC Deb 06 May 1976 vol 910 c470W
Mr. Stanley

asked the Chancellor of the Exchequer what was the total amount of income tax paid in the year 1975–76 and the latest estimate of the amount that will be paid in 1976–77, divided in each case by the number of households in the United Kingdom.

Mr. Robert Sheldon

The yield of income tax divided by the estimated number of householders is as follows:

1975–76 774
1976–77 869

The figures for 1976–77 are based on the estimated yield of income tax after taking account of the conditional and unconditional proposals in the Budget.

Mr. Ralph Howell

asked the Chancellor of the Exchequer what would be the loss of revenue if the tax thresholds, as proposed in the Budget (a) if agreement is reached and (b) if agreement is not reached, were raised to social security levels.

Mr. Robert Sheldon

I will let the hon. Member have a reply as soon as possible.