HC Deb 13 February 1962 vol 653 c125W
Mr. W. Clark

asked the Chancellor of the Exchequer what has been the product of Schedule A Income Tax on owner-occupiers for the last five years.

Mr. Barber

The yield of Schedule A on owner-occupiers for the five years 1956–57 to 1960–61 is now estimated as £49 million, £51 million, £52 million, £50 million and £52 million respectively. These figures include Surtax.

Mr. W. Clark

asked the Chancellor of the Exchequer if the first £15 of net annual value for owner-occupiers had been exempted, by what amount the product of Schedule A would have been reduced for each of the past five years.

Mr. Barber

About £20–£25 million in each year.

Mr. W. Clark

asked the Chancellor of the Exchequer if the statutory repairs allowance for owner-occupiers had been double, by what amount the product of Schedule A would have been reduced for each of the past five years.

Mr. Barber

About £12 million each year.