§ Mr. Bellinghamasked the Chancellor of the Exchequer if he will provide estimates for that part of the estimated income tax due for 1982–83 and 1983–84 which relates to investment income surcharge; and what proportion is collected from taxpayers over retirement age.
§ Mr. Moore[pursuant to his reply, 12 March 1984, c. 59]: Latest provisional estimates of the investment income surcharge due in respect of income in 1982–83 and 1983–84 are £300 million and £290 million, respectively. Just over half of this is due from taxpayers over 65.