HC Deb 09 January 1996 vol 269 c90W
Sir Andrew Bowden

To ask the Chancellor of the Exchequer what is the estimated number and proportion of people aged 65 years or over who will be liable to pay income tax in 1996–97 at(a) 20 per cent. only, (b) 24 per cent. and (c) 40 per cent. rates. [7647]

Mr. Jack

Latest estimates for 1996–97 are given in the table.

Taxpayers aged 65 or over liable at
Number (millions) Percentage
Lower rate only 1.35 45
Basic rate but not higher rate 1.50 50
Higher rate 0.15 5
All 3.0 100