§ Mr. Harry GreenwayTo ask the Chancellor of the Exchequer what is the expected current annual yield from income tax at the basic, lower and higher rates; what are the comparable figures for 10 and 15 years ago; and if he will make a statement.
§ Mr. DorrellEstimates of taxpayers' income tax liabilities at the various rate bands are as follows:
£ billion 1978–791 1983–841 1993–94 Lower rate 4.4 — 10.8 Basic rate 13.7 29.7 36.5 Higher rate 1.9 3.5 12.8 Investment income surcharge 0.2 0.2 — Total income tax liability 20.2 33.4 60.1 1 For years prior to 1990–91 liability is determined by the taxable income of the tax unit (ie single person or married couple). From 1990–91 onwards following the introduction of Independent Taxation each individual's liability is calculated separately.