HC Deb 08 June 1989 vol 154 cc195-6W
21. Mr. Hind

To ask the Chancellor of the Exchequer what would he the increased income tax payable by a married man on average earnings if the basic rate of income tax were restored to 33 per cent.

45. Mr. Ian Bruce

To ask the Chancellor of the Exchequer what would be the increased income tax payable by a married man on average earnings if the basic rate of income tax were restored to 33 per cent.

Mr. Greg Knight

To ask the Chancellor of the Exchequer what would be the increased income tax payable by a married man on average earnings if the basic rate of income tax were restored to 33 per cent.

Mr. Norman Lamont

If the basic rate of income tax were increased to 33 per cent. a married man on average male earnings would pay an additional £15.12 per week in income tax in 1989–90.

60. Mr. Brandon-Bravo

To ask the Chancellor of the Exchequer if he will make a statement setting out the Government's objective for the basic rate of income tax.

81. Mr. David Shaw

To ask the Chancellor of the Exchequer if he will make a statement setting out the Government's objective for the basic rate of income tax.

83. Mr. Gwilym Jones

To ask the Chancellor of the Exchequer if he will make a statement setting out the Government's objective for the basic rate of income tax.

Mr. Norman Lamont

It remains the Government's aim, as my right hon. Friend announced in his 1988 Budget Statement, to reduce the basic rate of income tax to 20p in the pound as soon as it is prudent and sensible to do so.

79. Mr. John Greenway

To ask the Chancellor of the Exchequer what changes were made in the basic rate of income tax from 1974 to 1979; and what changes have been made since 1979.

96. Mr. Franks

To ask the Chancellor of the Exchequer what changes were made in the basic rate of income tax from 1974 to 1979; and what changes have been made since 1979.

118. Miss Widdecombe: To ask the Chancellor of the Exchequer what changes were made in the basic rate of income tax from 1974 to 1979; and what changes have been made since 1979.

Mr. Norman Lamont

Information is given in the table.

Year Basic rate of income lax per cent.
1974–75 33
1975–76 to 1976–77 35
1977–78 34
1978–79 33
1979–80 to 1985–86 30
1986–87 29
1987–88 27
1988–89 to 1989–90 25

88. Mr. Page

To ask the Chancellor of the Exchequer what was the highest marginal rate of tax on income paid during the period 1974 to 1979; and what is the equivalent rate in 1989–90.

102. Mrs. Currie

To ask the Chancellor of the Exchequer what was the highest marginal rate of tax on income paid during the period 1974 to 1979; and what is the equivalent rate in 1989–90.

128. Mr. Mans

To ask the Chancellor of the Exchequer what was the highest marginal rate of tax on income paid during the period 1974 to 1979; and what is the equivalent rate in 1989–90.

Mr. Norman Lamont

In each of the years 1974–75 to 1978–79 the highest marginal rate of income tax was 83 per cent. on earned income and 98 per cent. on investment income. For 1989–90 the highest marginal rate of income tax is 40 per cent.

Mr. Hunter

To ask the Chancellor of the Exchequer what proportion of total income tax revenue was paid by higher rate taxpayers in 1978–79; and what proportion was paid by them in 1988–89.

Mr. Norman Lamont

In 1978–79 higher rate taxpayers were liable to pay 20 per cent. of total income tax due. By 1988–89 their share had increased to 32 per cent.