HC Deb 04 June 1980 vol 985 c733W
Mr. Best

asked the the Chancellor of the Exchequer what is the total revenue from the investment income surcharge in a full year.

Mr. Peter Rees

About £320 million at 1980–81 income levels.

Mr. Best

asked the Chancellor of the Exchequer what would be the cost of abolishing the investment income surcharge for those aged over 65 years in a full year.

Mr. Peter Rees

About £180 million at 1980–81 income levels.