§ Mr. Richard Wainwrightasked the Chancellor of the Exchequer (1) what would be the estimated annual loss of revenue from extending the lower rate band of income tax to the first £1,250 of taxable income;
(2) what would be the estimated annual loss of revenue from reducing the lower rate of income tax to 20 per cent.
§ Mr. Peter ReesI shall let the hon. Member have a reply as soon as possible.