§ Mr. Meacherasked the Chancellor of the Exchequer what is his estimate of the gain to individuals at different income levels from the raising of the investment income surcharge threshold in the Budget.
§ Mr. Peter Rees, pursuant to his reply [Official Report, 25 June 1979], gave the following answer:
Estimates, subject to a margin of error, are:
Total gain to individuals from raising of investment income surcharge thresholds Total income £ million £ million Up to £2,000 0 £2,000 to £5,000 15 £5000 to £10,000 85 £10,000 to £20,000 70 Over £20,000 30 Total 200