HC Deb 07 February 1977 vol 925 c513W
Mr. MacGregor

asked the Chancellor of the Exchequer by how much the limit at which the investment income surcharge begins would have to be raised to take account of inflation if it were to return to the same level as at March 1976 and March, 1974, respectively.

Mr. Robert Sheldon

For taxpayers aged 65 or over the increases required are about £175 and £1,775 respectively. For other taxpayers the figures are £115 and £2,275.