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Written question asked by Lord Bruce of Bennachie (Liberal Democrat), in the House of Commons. It was due for an answer on Tuesday, 12 November 1996. It was answered by Michael Jack (Conservative) on Tuesday, 12 November 1996 on behalf of the Treasury.


Treasury

Question
What is his estimate of the (a) first year and (b) full year costs of raising the personal income tax allowance in 1997-98, in addition to price indexation, by (i) £50, (ii) £100, (iii) £150 and (iv) £200; and what is his estimate in each case of the number of individuals who as a consequence would no longer be liable to pay income tax. - Table given.
Answer

Mr. Malcolm Bruce: To ask the Chancellor of the Exchequer what is his estimate of the (a) first-year and (b) full-year costs of raising the personal income tax allowance in 1997-98, in addition to price indexation, by (i) £50, (ii) £100, (iii) £150 and (iv) £200; and what is his estimate in each case of the number of individuals who as a consequence would no longer be liable to pay income tax. [3244] Mr. Jack: [holding answer 11 November 1996]: Available information is given in the table. _________________________________________________________________________________________________. Increase in non aged and aged


Secondary information

Type
Written question
Reference
3244; 285 c171-2W
Session
1996-97
Subjects
Allowances Income tax Personal taxation Tax allowances