HC Deb 30 November 1998 vol 321 c88W
Mr. Malcolm Bruce

To ask the Chancellor of the Exchequer if he will estimate the full-year revenue yield of introducing a new 50 per cent. rate of income tax on taxable income of over £100,000 per annum. [61196]

Dawn Primarolo

The estimated full year yield at 1998–99 income levels of introducing a 50 per cent. rate of income tax on taxable incomes over £100,000 per year is £2.0 billion.