§ Mr. Stanleyasked 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 SheldonThe 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 Howellasked 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 SheldonI will let the hon. Member have a reply as soon as possible.