HC Deb 04 December 1986 vol 106 c777W
Mr. Phillip Oppenheim

asked the Chancellor of the Exchequer what was the percentage share of tax paid by the top five, 10 and 20 per cent., of income earners for the years 1978–79 and 1985–86.

Dr. McDonald

asked the Chancellor of the Exchequer what would be the cost in the 1987–88 financial year of introducing a reduced rate tax band of (a) 25 per cent. and (b) 20 per cent. on the first £1,500 of taxable income; and what would be the effect on the net income of (i) a single person, (ii) a couple where the wife is not working, and (iii) a couple where the wife is working and paying tax.

Mr. Norman Lamont

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

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