asked the Minister for Finance the extra revenue that would be gained in 1986-87 from reducing the 35 per cent band: (i) by £500 (single) and £1,000 (married); and (ii) by £1,000 (single) and £2,000 (married).
Written Answers. - Income Tax Bands
51.
Assuming the enactment of this year's budget proposals the full year yields, estimated by reference to the income tax year 1986-87, arising from the changes referred to in the question are as follows:
Full year yield to the Exchequer
£million |
|
(i) |
46.2 |
(ii) |
99.4 |