Income Tax

HC Deb 02 May 1986 vol 96 cc528-9W

Mr. Deakins

asked the Chancellor of the Exchequer what increase in the standard rate of income tax would be needed in the standard regions of England south of a line from Bristol to the Wash to balance a 1p reduction for taxpayers in the rest of the United Kingdom.

Mr. Moore

In round terms, one penny.

Mr. Frank Field

asked the Chancellor of the Exchequer what is the percentage share of tax paid by the top 1, 2, 3, 4 and 5 per cert. of income earners for each year since 1978–79.

Mr. Moore

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