HC Deb 30 June 1992 vol 210 cc468-9W
Mr. Meacher

To ask the Chancellor of the Exchequer if he will expand the figures in his answer to the hon. Member for Roxburgh and Berwickshire (Mr. Kirkwood) of 22 June,Official Report, col 4, for those with incomes (a) £50,000 to £70,000 per year, (b) £70,000 to £80,000 per year and (c) over £80,000 per year.

Mr. Dorrell

The additional information is as follows:

Average reduction in income tax per individual1 in 1992–93 compared with the 1978–79 regime
Range of individuals income in 1992–93 Total reduction Average Reduction
£ £ million £ per annum
50,000–70,000 2,300 8,200
70,000–80,000 800 14,000
Over £80,000 7,200 46,000
1 Individuals liable to income tax under the 1978–79 indexed regime.