The text on this page has been created from Hansard archive content, it may contain typographical errors.
30.
Mr. Livingstone
To ask the Chancellor of the Exchequer how many representations he has received in the last six months regarding the top rate of income tax; and, of these, how many favoured a reduction.
Mr. Norman Lamont
My right hon. Friend has received a number of representations favouring a reduction.
49.
Mr. Hardy
To ask the Chancellor of the Exchequer what has been the total annual benefit from reductions in direct taxation for a taxpayer with gross annual earned income of £100,000 since 1980.
Mr. Norman Lamont
The tax liability of a married man earning £100,000 per year with no allowances or reliefs other than the married man's allowance is £44 less in 1987–88 than it would be if the 1980–81 tax regime had been retained and indexed by the statutory formula to 1987–88.