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Higher-Rate Taxpayers

Volume 203: debated on Friday 7 February 1992

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To ask the Chancellor of the Exchequer how many higher-rate taxpayers in 1992–93 he estimates will be using the married couple's allowance; and what proportion of higher-rate taxpayers this represents, assuming statutory indexation for 1992–93 limits and allowances.

It is estimated that 1·1 million higher rate taxpayers—70 per cent. of the total—would be entitled to the married couple's allowance in 1992–93, assuming statutory indexation.