Income Tax

HC Deb 01 March 1978 vol 945 cc265-6W

Mr. MacGregor

asked the Chancellor of the Exchequer how much revenue is raised by income tax charged at the rate of 83 per cent.

Mr. Robert Sheldon

About £570 million for the current year. The revenue yield from the excess over the 75 per cent. rate—the next lower rate—is about £55 million.

Mr. Lawson

asked the Chancellor of the Exchequer if he will provide a table showing the number of people liable to income tax now, and in each of the 10 previous years.

Mr. Robert Sheldon

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