HC Deb 10 April 1978 vol 947 c326W
Mr. Ralph Howell

asked the Chancellor of the Exchequer what the loss of revenue would have been for the current financial year if the United Kingdom had adopted the same income tax rates and thresholds as in the United States of America; and if he will express this figure as a percentage of the total revenue expected from income tax in Great Britain.

Mr. Robert Sheldon

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

Mr. Ralph Howell

asked the Chancellor of the Exchequer what the loss of revenue from income tax would have been in the current financial year if the same income tax rates and thresholds as operated in France had applied in Great Britain; and what proportion this figure is of the current expected revenue from income tax.

Mr. Robert Sheldon

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