§ Mr. IngramTo ask the Chancellor of the Exchequer how many pensioners pay tax at 40 per cent. [32523]
§ Mr. Jack[holding answer 4 July 1995]: Based on the latest estimates, only 1.5 per cent.—about 150,000 of the 10 million people aged 65 or over—are expected to pay income tax at 40 per cent. in 1995–96.