HC Deb 06 July 1989 vol 156 c227W
30. Mr. Carrington

To ask the Chancellor of the Exchequer what would be the effect on a person with a taxable income of £40,000 of raising the highest rate of income tax to 50p in the pound.

72. Miss Widdecombe

To ask the Chancellor of the Exchequer what would be the effect on a person with a taxable income of £40,000 of raising the highest rate of income tax to 50p in the pound.

180. Mr. Fishburn

To ask the Chancellor of the Exchequer what would be the effect on a person with a taxable income of £40,000 of raising the highest rate of income tax to 50p in the pound.

Mr. Norman Lamont

An increase in the higher rate of income tax to 50p would increase the annual income tax liability of a married man with gross annual income liable to tax of £40,000 by £1,492.50. This figure assumes that the taxpayer is entitled to no income tax relief or allowance other than the married man's allowance.

150. Mr. Ian Taylor

To ask the Chancellor of the Exchequer what is his estimate of the extra yield of income tax if the basic rate were raised to 33 per cent.

190. Mr. Key

To ask the Chancellor of the Exchequer what is his estimate of the extra yield of income tax if the basic rate were raised to 33 per cent.

Mr. Norman Lamont

I refer my hon. Friends to the reply I gave earlier today to my hon. Friend the Member for Walthamstow (Mr. Summerson).

91. Mr. Gregory

To ask the Chancellor of the Exchequer what representations he has received on the basic rate of income tax.

Mr. Norman Lamont

My right hon. Friend receives various representations on this subject from time to time.

Mr. Yeo

To ask the Chancellor of the Exchequer what is his estimate of the number of people who would face a higher marginal rate of tax and national insurance if the top rate of income tax were raised to 50 per cent. and the employees' national insurance limit were abolished.

Mr. Norman Lamont

I refer my hon. Friend to the reply I gave earlier today to my hon. Friend the Member for Gillingham (Mr. Couchman).

Back to