§ Mr. Dewar
To ask the Chancellor of the Exchequer (1) pursuant to his answers of 2 April,Official Report, column 477, what is his most recent estimate of the number of taxpayers paying tax at the 20 per cent. rate;
(2) pursuant to his answer of 2 April, Official Report, column 475, what is his most recent estimate of the number of taxpayers.
§ Mr. Dorrell
Latest estimates for 1993–94 based on projection from the 1991–92 survey of personal incomes are given in the table. All taxpayers pay some tax at the 20 per cent. rate.
- (i) the costs of advisers, estimated at £5,000, in connection with the placing of Her Majesty's Treasury's Rights Issue Shares in the Mersey Docks and Harbour Company plc (MDHC);
- (ii) minor residual expenditure, estimated at £14,000, in connection with the Treasury's 1992 sale of privatised companies' debt.
Parliamentary approval of this new expenditure will be sought in a winter supplementary estimate for Her Majesty's Treasury's sale of shares in British Telecommunications plc vote (class XVII, vote 17).
Pending that approval, repayable advances from the Contingencies Fund were sought to meet urgent expenditure estimated at £19,000.