§ Mr. MacGregorasked the Chancellor of the Exchequer if he will estimate the proceeds of investment income surcharge during the financial year 1977–78; and what proportion of this figure he expects to receive from persons with incomes (a) below £4,000 per annum and (b) below £8,000 per annum.
§ Mr. Robert SheldonThe estimated yield from investment income surcharge for 1977–78 is about £310 million. The proportions are approximately as follows:
Income Proportion £ % Below 4,000 3 Below 8,000 23