HC Deb 02 February 1995 vol 253 c790W
14. Mr. Cohen

To ask the Chancellor of the Exchequer what is his estimate of how much an individual on five times average earnings will gain from his last Budget.

Sir George Young

Tax measures taking effect over the next year are expected to cost the richest 20 per cent. of households an average of £3.90 a week compared to £2.30 a week averaged across all households. Pensioners, on average, will be no worse off. The effect for any particular individual will vary with their household composition and spending pattern.