§ Mr. Gordon BrownTo ask the Chancellor of the Exchequer (1) what is his estimate of the total reduction in capital gains tax liability resulting from the changes in the 1988 Budget for the year 1988–89;
(2) what is his estimate of the reduction in annual liability to inheritance tax resulting from the changes in the 1988 Budget for the years 1988–89 and 1989–90;
(3) what was the investment income and earned income in 1987–88 of (a) the top 1 per cent., (b) the top 5 per cent., (c) the top 20 per cent., (d) the top 30 per cent., (e) the bottom 70 per cent., (f) the bottom 50 per cent. of taxpayers and (g) all taxpayers;
(4) what has been the increase in (a) investment income, (b) full-time earnings and (c) part-time earnings since 1979;
(5) what is his estimate for 1988–89 of the average reduction in income tax liability for (a) working men, (b) working women and (c) pensioners, as a result of the changes in income tax announced in the 1988 Budget;
(6) what is the number of households qualifying for age allowance in £1,000 income bands beginning at £1,000 up to £20,000, and £10,000 bands thereafter, stating the average household income for those not qualifying for age allowance.
§ Mr. Norman LamontI regret that it has not been possible to provide art answer before Prorogation. Therefore, I shall write to the hon. Member and place a copy of the letter in the Library.