HC Deb 18 January 1994 vol 235 c522W
Mrs. Anne Campbell

To ask the Chancellor of the Exchequer if he will estimate the average percentage loss of annual income due to the March and November 1993 Budgets for the 10 per cent. lowest income group and the 10 per cent. highest income group.

Mr. Dorrell

Relative to indexation, the main tax-related measures taking effect before the next Budget will cost the 10 per cent. of households with the lowest net incomes, adjusted for family composition, just over 1 per cent. of their net income on average and the 10 per cent. of households with the highest net incomes just under 2 per cent. of their net income on average.

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