§ 50. Mr. Meacherasked the Chancellor of the Exchequer what is his estimate of the cost in loss of revenue to the Exchequer, under the reform of personal taxation, on the basis that the investment surcharge is not applied for, respectively, the first £250, £500, £750, £1,000, £1,250 and £1,500 of unearned income.
§ Mr. Patrick JenkinThe estimates will depend upon the rate of surcharge which will not be fixed until 1973.