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Written question asked by George Stevenson (Labour) on Tuesday, 9 December 2003, in the House of Commons. It was due for an answer on Monday, 15 December 2003. It was answered by Baroness Primarolo (Labour) on Monday, 15 December 2003 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, what the additional revenue raised in Stoke-on-Trent by increasing the basic rate of income tax by one pence would be. - Inc figure.
Answer

Mr. Stevenson: To ask the Chancellor of the Exchequer what the additional revenue raised in Stoke- on-Trent by increasing the basic rate of income tax by one pence would be. [143876] Dawn Primarolo: The additional full-year yield of increasing the basic rate of income tax by one pence in Stoke-on-Trent is £7.7 million in 2000-01. This estimate is based upon the 2000-01 Survey of Personal Incomes. The effects of the illustrative changes can be scaled up or down over a reasonably wide range. This result excludes any behavioural response to the tax change.


Secondary information

Type
Written question
Reference
143876; 415 c677W
Session
2003-04
Subjects
Income tax Tax rates and bands Tax yields Stoke on Trent
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk