Written Answers
Parliamentary Estates
asked Her Majesty's Government:How many landowners are in occupation of Parliamentary estates (i.e. land which reverts to the Crown in default of a male heir); what is the acreage concerned; and what restrictions apply to disposal or sale of such property.
I regret that the information requested by the noble Lord is not available centrally; but if his Lordship has a particular query and would care to write to the Minister of State at the Treasury, it will be given the fullest consideration.
Finance Bill: Tax Gains For Married Couples
asked Her Majesty's Government:Whether they will list the tax gains accruing to a married couple, with two children under 11, earning £2,000, £4,000, £6,000, £8,000, £10,000, £15,000 and £20,000 from the Opposition Amendments to the Finance Bill now under consideration: and whether they will also list the size of gross pay increase which would be required to have the same net effect as the proposed tax cuts.
The figures are as follows:
| (a) | (b) | (c) |
| Annual earnings | Annual reduction in tax | Gross increase in annual earnings required to give same net increase as the reduction in tax£ |
| £ | £ | £ |
| 2,000 | — | — |
| 4,000 | 15 | 25 |
| 6,000 | 35 | 59 |
| 8,000 | 55 | 84 |
| 10,000 | 146 | 265 |
| 15,000 | 547 | 1,564 |
| 20,000 | 1,072 | 4,289 |
c) takes account of the additional National Insurance contribution payable, on the assumption that the employee is not contracted out of the new pension scheme. This affects only the figures for earnings levels of £4,000 and £6,000.
House adjourned at five minutes past five o'clock.