§ Mr. MandelsonTo ask the Chancellor of the Exchequer if he will estimate the direct revenue yield in a full year at 1992–93 and 1993–94 levels of income from imposition of limits for all allowances and reliefs within the tax system to(a) £10,000, (b) £15,000 and (c) £20,000 and the additional revenue yield from restricting all
Limit for total allowances and reliefs Full year yield at 1992–93 income levels from restricting allowances and reliefs within limits Full year yield at 1993–94 income levels from restricting allowances and reliefs within limits £ 25 per cent, restriction £ million 20 per cent, restriction £ million 25 per cent, restriction £ million 20 per cent, restriction £ million 10,000 2,100 8,600 2,200 8,400 15,000 2,100 8,700 2,200 8,500 20,000 2,200 8,800 2,300 8,600
The number of people with total allowance and reliefs in excess of these limits: Limit £ 1992–93 thousands 1993–94 thousands 10,000 610 420 15,000 85 85 20,000 45 45 The estimates of revenue yield do not take account of any behavioural effects which might result from the introduction of the changes.