HC Deb 09 February 1968 vol 758 c242W
Mr. Alfred Morris

asked the Chancellor of the Exchequer what consideration he has given to the mechanics and timing of the introduction of a negative, or two-way, Income Tax; what is his estimate of the time it would take to effect this change; and if he will make a statement.

Mr. Diamond

Details of this kind would not be worked out until it is clear that a scheme on these lines is practicable. I have nothing further to add to my right hon. Friend's reply of 23rd January to my hon. Friend the Member for Brent-ford and Chiswick (Mr. Barnes).—[Vol. 757, c.61.]

Mr. Eadie

asked the Chancellor of the Exchequer what additional Income Tax would require to be levied upon people in Scotland, at present paying income tax, to raise an additional £66 million.

Mr. Harold Lever

About 2s. 0d. on the standard rate with proportionate increases in the reduced rates.