§ Mr. Ralph Howell
asked the Chancellor of the Exchequer what would be the increased yield from income tax during 840W 1978–79, assuming that earnings were to increase by 14 per cent.
§ Mr. Robert Sheldon
Assuming the same tax allowances, rates and bands as in 1977–78, an increase of 14 per cent. in wages and salaries would yield an additional £3,550 million in income tax.