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Mr. Gibb
To ask the Chancellor of the Exchequer (1) if he will estimate how many people over the age of 65 years will have a marginal rate of income tax of (a) nil, (b) 10 per cent., (c) 20 per cent., (d) 23 per cent. and (e) 40 per cent. in (i) 1998–99 and (ii) 1999–2000; [79359](2) if he will estimate how many pensioners will have a marginal rate of income tax of
(a) nil, (b) 10 per cent., (c) 20 per cent., (d) 23 per cent. and (e) 40 per cent. in 1999–2000. [79360]
Mrs. Roche
[holding answer 30 March 1999]: Estimates by marginal rates of income tax are shown in the table.
Thousand | |||
Marginal rate (percentage) | Aged 65 and over 1998–99 | Aged 65 and over 1999–2000 | Pensionable ages 1999–2000 |
0 | 6,150 | 6,150 | 7,000 |
10 | — | 350 | 450 |
20 | 1,950 | 700 | 750 |
23 | 1,050 | 1,950 | 2,350 |
40 | 150 | 150 | 150 |