§ Mr. SalterTo ask the Chancellor of the Exchequer by how much income tax would have to rise if all local government expenditure currently funded via council tax arid business rates was transferred to income tax. [53608]
§ Dawn PrimaroloProjected receipts from business rates and council tax in 2002–03 are shown in Table C7 of the April 2002 Financial Statement and Budget report (HC 592). The direct effects of illustrative changes in income tax are given in table 4 of the "Tax Ready Reckoner and Tax Reliefs" published in November 2001, a copy of which is held in the Library of the House. This table will be updated in the statistics area of the Inland Revenue website on 31 May.