Written question asked by Nigel Forman (Conservative), in the House of Commons. It was due for an answer on Tuesday, 30 April 1996. It was answered by Michael Jack (Conservative) on Tuesday, 30 April 1996 on behalf of the Treasury.

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Treasury

Question

Pursuant to his Answer of 18th March, Official Report, column 52W, what would be the estimated full year costs at 1996-97 income levels of introducing a single positive rate of income tax at 23 per cent. assuming transferable personal allowances of £5,000 per person and the abolition of all other tax expenditures, exemptions and reliefs now allowable against income tax. - Inc figs.

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Secondary information

Type

Written question

Reference

27242; 276 c435-6W;276 c437-8W

Session

1995-96

Subjects

Costs Income tax Tax rates and bands

Contains statistics

Yes