§ Mr. Roperasked the Chancellor of the Exchequer what would be the additional revenue in the current tax year of charging the investment income surcharge on all investment incomes greater than £1,000.
§ Mr. NottThe additional yield in the current year from reducing the threshold for the surcharge to £1,000 would be negligible, because the surcharge is assessed after the end of the year in question. On a full year basis the additional revenue would amount to about £80 million.
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