Income Tax (Hansard, 11 December 1984)

§ Mr. Tony Banks
asked the Chancellor of the Exchequer if he will list the amounts at 1984–85 prices that could be raised by 1p on the standard rate of income tax in England for the financial years 1978–79, 1979–80, 1980–81, 1981–82, 1982–83, 1983–84 and 1984–85.

§ Mr. Moore
[pursuant to his reply, 23 November 1984, c. 295]: For the United Kingdom, the estimated yields from increases of 1p in the basic rate of tax are as follows:

£ million at 1984–85 prices^*

1978–79^† 705

1979–80^† 755

1980–81 1,015

1981–82 1,020

1982–83^‡ 1,045

1983–84^‡ 975

1984–85^‡ 1,025

^* using the index of retail prices, and assuming an increase of 4¾ per cent. between 1983–84 and 1984–85.

^† assuming that the lower rate of tax remained at 25 per cent.

^‡ provisional.

I regret that estimates relating only to England are not available.

§ Mr. Ewing
asked the Chancellor of the Exchequer if he will list for each of the last 10 years the number of people who paid tax at (a) the standard rate and (b) each of the successive higher rate bands.

§ Mr. Moore
[pursuant to his reply, 26 November 1984, column 378]: This information is as follows. The figures relate to tax units, that is count married couples as one. Estimates for 1982–83 onwards are provisional. Due to rounding, the individual figures in the table do not in all cases sum to the total.
457W

Taxpayers '000

^*Rate per cent 1975–76 1976–77 1977–78 1978–79 1979–80 1980–81 1981–82 1982–83 1983–84 1984–85

25 — — — 3,070 2,660 — — — — —

30 — — — — 18,260 20,200 19,600 19,800 19,600 19,300

33 — — — 17,565 — — — — — —

34 — — 19,500 — — — — — — —

35 19,600 19,800 — — — — — — — —

40 325 347 385 235 302 334 445 435 355 350

45 375 455 225 158 168 216 305 245 220 240

50 161 198 113 86 108 129 170 155 130 140

55 98 110 73 84 43 52 75 65 60 60

60 114 105 98 54 53 65 95 80 75 80

65 58 79 53 45 — — — — — —

—

70 47 58 31 32 — — — — — —

75 34 42 41 36 — — — — — —

83 28 36 41 33 — — — — —

Total 20,800 21,200 20,600 21,400 21,600 21,000 20,700 20,800 20,400 20,200

^* ignoring any liability to investment income surcharge.

	£ million at 1984–85 prices^*
1978–79^†	705
1979–80^†	755
1980–81	1,015
1981–82	1,020
1982–83^‡	1,045
1983–84^‡	975
1984–85^‡	1,025
^* using the index of retail prices, and assuming an increase of 4¾ per cent. between 1983–84 and 1984–85.
^† assuming that the lower rate of tax remained at 25 per cent.
^‡ provisional.

Taxpayers '000
^*Rate per cent	1975–76	1976–77	1977–78	1978–79	1979–80	1980–81	1981–82	1982–83	1983–84	1984–85
25	—	—	—	3,070	2,660	—	—	—	—	—
30	—	—	—	—	18,260	20,200	19,600	19,800	19,600	19,300
33	—	—	—	17,565	—	—	—	—	—	—
34	—	—	19,500	—	—	—	—	—	—	—
35	19,600	19,800	—	—	—	—	—	—	—	—
40	325	347	385	235	302	334	445	435	355	350
45	375	455	225	158	168	216	305	245	220	240
50	161	198	113	86	108	129	170	155	130	140
55	98	110	73	84	43	52	75	65	60	60
60	114	105	98	54	53	65	95	80	75	80
65	58	79	53	45	—	—	—	—	—	—
—
70	47	58	31	32	—	—	—	—	—	—
75	34	42	41	36	—	—	—	—	—	—
83	28	36	41	33	—	—	—	—	—
Total	20,800	21,200	20,600	21,400	21,600	21,000	20,700	20,800	20,400	20,200
^* ignoring any liability to investment income surcharge.