HC Deb 30 November 1966 vol 737 c118W
Sir T. Beamish

asked the Chancellor of the Exchequer what would be the approximate net annual yield from an increase of 1s. in the standard rate of Income Tax, with consequent increases for those who pay taxes below the full rate and without any increase at lower rates, respectively.

Mr. MacDermot

About £415 million and £255 million for 1966–67.