§ 19. Ms. QuinTo ask the Chancellor of the Exchequer what is the average post-tax income now received by the wealthiest 2 per cent. of taxpayers.
§ 86. Mr. SteinbergTo ask the Chancellor of the Exchequer what is the average post-tax income now received by the wealthiest 2 per cent. of taxpayers.
§ Mr. Norman LamontThe average post-tax income in 1988–89 of the top 2 per cent. of income tax payers is expected to be about £46,000.
§ 30. Mr. GrahamTo ask the Chancellor of the Exchequer what will be the gain to a man earning £1 million a year who also inherits £1 million in the 1988–89 tax year as a result of the changes made in the Finance (No. 2) Bill.
§ 38. Mr. HendersonTo ask the Chancellor of the Exchequer what will be the gain to a man earning £1 million a year who also inherits £1 million in the 1988–89 tax year as a result of the changes introduced in the Finance (No. 2) Bill.
§ Mr. McAllionTo ask the Chancellor of the Exchequer what will be the gain to a man earning £1 million a year who also inherits £1 million in the 1988–89 tax year, as a result of the changes proposed in the Finance (No. 2) Bill.
§ Mr. Norman LamontA married man with earnings of £1 million and no other income in 1988–89 who claims no allowances or reliefs other than the married man's allowance would be liable to £193,914 less income tax as a result of the proposals in the Finance (No. 2) Bill. The inheritance tax liability on a £1 million legacy would normally be borne by the testator's residuary estate and not by the beneficiary.
§ 60. Mr. DarlingTo ask the Chancellor of the Exchequer what is the average share of post-tax income now received by the wealthiest 1 per cent. of tax payers.
§ 95. Mr. Andrew SmithTo ask the Chancellor of the Exchequer what is the average share of post-tax income now received by the wealthiest 1 per cent. of taxpayers.
§ Mr. Norman LamontThe top 1 per cent. of income tax payers will receive about 5 per cent. of income tax payers' total income after tax in 1988–89.