I am, however, particularly concerned about elderly people who now find themselves liable to the surcharge on their income from savings which are quite modest in modern terms. I propose therefore, for the first time since 1974, to make some increase this year in the thresholds for investment income surcharge. For those over 65 I propose that the threshold for the 10 per cent. rate should be raised by £500 to £2,000 and for the 15 per cent. rate by the same amount to £2,500. For those under 65 I propose that the starting point for the 10 per cent. rate should similarly be raised by £500 to £1,500, while the starting point for the 15 per cent. rate will remain at its present level of £2,000.