§ Mr. Meacherasked the Chancellor of the Exchequer if he will list the amounts of all the gains accruing to surtaxpayers from all the relevant tax changes he has proposed so far, and state the percentage this represents of the aggregate tax reliefs so far introduced by the Government.
§ Mr. NottThe estimated benefits to surtaxpayers for 1972–73 as a result of176W the reductions made in income tax and surtax are as follows:
£ million Reduction in Standard Rate 60 Increase in earned income relief 20 Increase in personal allowances 25 Other 25 The total reduction in the revenue yield from all the Government's tax reductions is of the order of £3,000 million annually. It would not be meaningful to express the benefit to surtaxpayers as a percentage of this figure.