§ Baroness Wootton of Abingerasked Her Majesty's Government:
How much additional revenue would be raised if the rates of income tax on personal incomes of (a) 562WA over £10,000 per annum and (b) over £20,000 were restored to the level at which they stood before the changes introduced by the Budget of June 1979.
§ Lord CockfieldThe answer would depend on what assumptions are made about a range of other matters such as the level of the personal allowances, the basic rate of tax and the higher rate bands.
House adjourned at nineteen minutes before seven o'clock.