§ Mr. Laurence RobertsonTo ask the Chancellor of the Exchequer, pursuant to his answer of 8 April 1998,Official Report, columns 241–42, on the taxation of savings, if he will break down the total yield from taxes on savings for the last three years into the yield from (a) bank and building society interest and (b) dividends. [41371]
§ Dawn Primarolo[holding answer 13 May 1998]: Estimates for the last three years are given in the table. Taxpayers over retirement age include women aged 60 and over and men aged 65 and over.
Full year yield from taxing savings income £ billion 1996–97 1997–98 1998–99 All taxpayers Bank and building society interest 2.3 2.5 3.0 Dividends 3.2 3.8 3.6 Other 0.4 0.4 0.4 Taxpayers over retirement age Bank and building society interest 1.1 1.2 1.4 Dividends 0.8 1.0 0.9 Other 0.2 0.2 0.3