§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer if he will estimate the revenue yield, on a national accounts basis, of increasing the basic rate of income tax by 1p for the three financial years commencing in 2003–04; and if he will make a statement. [141189]
§ Dawn PrimaroloEstimates for changing the basic rate of income tax by 1p on a National Accounts Basis are given in table 4 of the "Tax Ready Reckoner and Tax Reliefs" (HM Treasury, November 2000).
§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer how many income tax payers have an income tax liability of(a) less than £40 and (b) more than £40 per annum; and what the average income tax liability is of somebody with an income tax liability of less than £40 per annum. [140862]
§ Dawn PrimaroloIn 2000–01 some 0.8 million taxpayers are liable to less than £40 income tax out of 27.9 million. The average income tax liability of those 0.8 million is around £20.
This information is based on the Survey of Personal Incomes and is consistent with the November pre-Budget Report.