32. Mr. GwilymJones asked the Chancellor of the Exchequer how much revenue was raised by the higher rates of income tax in 1978–79 and 1986–87, respectively.
§ Mr. Marlowasked the Chancellor of the Exchequer how much revenue was raised by the higher rates of income tax in 1978–79 and 1986–87, respectively.
§ 41. Mr. Ian Taylorasked the Chancellor of the Exchequer how much revenue was raised by the higher rates of income tax in 1978–79 and 1986–87, respectively.
72. Mr. DavidShaw asked the Chancellor of the Exchequer how much revenue was raised by the higher rates of income tax in 1978–79 and 1986–87, respectively.
§ Mr. Norman LamontThe total tax liability resulting from the difference between the higher rates of income tax and the basic rate rose from £810 million in 1978–79 to about £2,500 million in 1986–87. This represent an increase in real terms of about 60 per cent. calculated by reference to the movement in the retail prices index.
§ 55. Mr. Baldryasked the Chancellor of the Exchequer what percentage of the total yield of income tax is paid by the top 5 per cent. of taxpayers; and how this figure compares with five years ago.
§ Mr. Norman LamontIncome tax liabilities of the top 5 per cent. of taxpaying single people and married couples are estimated to be 28.5 per cent. of the total in 1987–88 compared with 25.4 per cent. in 1982–83. The estimate for 1987–88 is based on a projection of the 1984–85 survey of personal incomes and is therefore provisional.