To ask the Chancellor of the Exchequer what he calculates to be the average per capita income tax saving per week for British taxpayers who currently pay tax at a marginal rate of 60 per cent., as a result of his Budget proposals; and if he will make a statement.

The average reduction in income tax liability in a full year at 1988–89 levels of income for taxpayers whose marginal rate would have been 60 per cent. under the 1987–88 regime indexed to 1988–89 is estimated to be £190 per week.