Written question asked by Lord Bruce of Bennachie (Liberal Democrat), in the House of Commons. It was due for an answer on Wednesday, 27 March 1996. It was answered by Michael Jack (Conservative) on Wednesday, 27 March 1996 on behalf of the Treasury.
Treasury
- Question
- What is his estimate of the revenue which would be raised by restricting the value of the personal tax allowance to relief of tax at the 24 per cent. rate and below. - The estimated full-year yield at 1996-97 income levels from restricting personal allowances to the basic rate is £1.6 billion. (Holding answer 26 March 1996).
- Answer
-
Mr. Malcolm Bruce: To ask the Chancellor of the Exchequer what is his estimate of the revenue which would be raised by restricting the value of the personal tax allowance to relief of tax at the 24 per cent. rate and below.[22833] Mr. Jack: [holding answer 26 March 1996]: The estimated full-year yield at 1996-97 income levels from restricting personal allowances to the basic rate is £1.6 billion.
Secondary information
- Type
- Written question
- Reference
- 22833; 274 c610W
- Session
- 1995-96
- Subjects
- Allowances Income tax Personal taxation Tax rates and bands Tax yields
- Contains statistics
- Yes
Librarians' tools
- Timestamp
- 2013-11-25 04:52:13 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_224758
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_224758
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_224758