Written question asked by Nicholas Brown (Labour), in the House of Commons. It was due for an answer on Wednesday, 20 December 1989. It was answered by Lord Lilley (Conservative) on Wednesday, 20 December 1989 on behalf of the Treasury.

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Untitled Written question

Question

What would be revenue raised from introducing a minimum tax equivalent to 20% of gross income on all individuals whose gross incomes from all sources exceed #25,000 a year & how many units' total income tax liability is currently less than this figure.

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Secondary information

Type

Written question

Reference

164 c242W;164 c240W

Session

1989-90

Subjects

Income tax Personal income Tax rates and bands Taxpayers Tax yields

Contains statistics

Yes