HC Deb 21 November 1977 vol 939 cc542-3W
Mr. Michael Spicer

asked the Chancellor of the Exchequer what would be the loss in revenue in the financial year 1978–79 resulting from introducing the following income tax scales: 20 per cent. on nil to £5,000, 25 per cent. on £5,000 to £10,000, 30 per cent. on £10,000 to £15,000, 35 per cent. on £15,000 to £20,000. 40 per cent. of £20,000 to £25,000, 45 per cent. on £25,000 to £30,000 and 50 per cent. on over £30,000.

Mr. Robert Sheldon

I will let the hon. Member have a reply as soon as possible.

Mr. Michael Spicer

asked the Chancellor of the Exchequer what would be the loss in revenue in the financial year 1978–79 resulting from introducing the following income tax scales: 25 per cent. on nil to £5,000, 30 per cent. on £5,000 to £10,000, 35 per cent. on £10,000 to £15,000, 40 per cent. on £15,000 to £20,000, 45 per cent. on £20,000 to £25,000, and 50 per cent. on over £25,000.

Mr. Robert Sheldon

I will let the hon. Member have a reply as soon as possible.