Taxation Revenue (Hansard, 11 February 1988)

HC Deb 11 February 1988 vol 127 c343W 343W

§ Mr. McCartney
To ask the Chancellor of the Exchequer what is his estimate of the revenue raised from higher rates of tax in 1987–88.

§ Mr. Norman Lamont
The total tax liability resulting from the difference between the higher rates of income tax and the basic rate is estimated to be £3.1 billion in 1987–88.