HC Deb 25 January 1982 vol 16 cc226-7W
Mr. Richard Wainwright

asked the Chancellor of the Exchequer what is the estimated gross cost to the Exchequer of increasing all the present personal reliefs of income tax by a percentage equivalent to the increase in the retail price index between 1 January 1980 and 31 December 1981.

Mr. Ridley

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

Sir Brandon Rhys Williams

asked the Chancellor of the Exchequer, further to his reply to the hon. Member for Caernarvon (Mr. Wigley), Official Report, col. 304, what is the estimated 1981–82 income in each of the following income categories and what is the total anticipated income tax payable by each category on that income (a) below £5, 000 a year, (b) between £5, 000 and £10, 000 a year and (c) above £10, 000 a year.

Mr. Ridley

[pursuant to his reply, 22 January 1982, c. 224]: Provisional estimates for the year 1981–82 are:

Range of Total Income Total Income (£ billion) Income Tax (£ billion)
Under £5, 000 31
From £5, 000 to £10, 000 68 12¾
Over £10, 000 57 14¼

The information relates to tax units, that is counting married couples as one and combining their incomes.