§ Mr. Meacherasked the Chancellor of the Exchequer what he estimates to be the aggregate annual gain from the raising of the personal tax reliefs and the surtax reductions to those with annual incomes below £1,000, £1,000–£2,000, £2,000£5,000, and over £5,000, respectively.
§ Mr. Nott:The estimates for the full year 1972–73 are:
Income Gain to taxpayers £p.a. £m. Below 1,000 154 1,000–2,000 560 2,000–5,000 465 Over 5,000 35 Total 1,214