asked the Minister for Finance the estimated annual cost for a full calendar year of increasing by 10 per cent, 15 per cent and 20 per cent the current £ for £ rate bands of income tax.
Written Answers. - Income Tax Bands.
299.
The full year cost, calculated by reference to the year of assessment 1980-81, of the increases referred to by the Deputy is estimated as follows:
|
Increase in Rate Bands |
Full Year Cost |
|
£ million |
|
|
10 per cent |
25 |
|
15 per cent |
34 |
|
20 per cent |
41 |