§ Mr. Newtonasked the Chancellor of the Exchequer (1) what loss of revenue would result from exempting from liability to investment income surcharge (1) all investment income between £1,000 and £2,000 and (2) all investment income between £1,000 and £3,000;
(2) what loss of revenue would result from exempting those over 65 years of age from liability to investment income surcharge (1) on investment income between £1,500 and £2,500, (2) on investment income between £1,500 and £3,000 and (3) on all investment income above £1,500.
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.