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Taxation

Volume 127: debated on Thursday 11 February 1988

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94.

To ask the Chancellor of the Exchequer by how much in real terms the average annual tax payment of someone earning £50,000 has reduced in the past eight years.

The tax liability of a married man earning £50,000 per year with no allowances or reliefs other than the married man's allowance is £4,880 less in 1987–88 than it would be if the 1978–79 tax regime had been retained and indexed by the statutory formula to 1987–88. This is a reduction of one-fifth.

102.

To ask the Chancellor of the Exchequer how many representations he has received during the past 12 months urging him to increase the level of taxation.

Of the large number of representations my right hon. Friend has received, only a small number support an increase in the level of taxation.