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Written question asked by Lord Bruce of Bennachie (Liberal Democrat) on Monday, 9 November 1998, in the House of Commons. It was due for an answer on Wednesday, 18 November 1998. It was answered by Baroness Primarolo (Labour) on Wednesday, 18 November 1998 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, what criteria he will use to assess the economic case for introducing the ten pence starting rate of income tax. - (Holding answer 12 November 1998).
Answer

Mr. Malcolm Bruce: To ask the Chancellor of the Exchequer what criteria he will use to assess the economic case for introducing the ten pence starting rate of income tax; and if he will make a statement. [59435] Dawn Primarolo: [holding answer 12 November 1998]: As the Chancellor made clear in his statement on the Pre-Budget Report, the Government will introduce a 10 pence starting rate of income tax when it is economically right to do so. The new rate will be incorporated in the income tax system in the way that best meets the Government's objectives of improving work incentives and promoting a fair and efficient tax system.


Secondary information

Type
Written question
Reference
319 c587W; 59435
Session
1997-98
Subjects
Income tax Economic situation Tax rates and bands