HC Deb 08 May 1984 vol 59 c314W
Mr. Meacher

asked the Chancellor of the Exchequer, on the basis of known evidence of the ownership of capital according to distribution of income data, what he estimates to be the gain for each year since 1978, respectively, at current prices and at real 1984–85 prices, of (a) the relaxations in capital transfer tax and capital gains tax, and (b) the raising of the threshold and ultimate abolition of the investment income surcharge to those with incomes below (i) £10,000, (ii) £10,000 to 30,000, (iii) £30,000 to £50,000 (iv) above £50,000 both in total amounts and in average per tax unit.

Mr. Moore

I shall let the hon. Member have a reply as soon as possible.