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min answer › date of answer	2014-05-14
answer › attachment › title	Direct effects of illustrative tax changes
registered interest	false
max answer › question first answered	2014-10-16T15:10:39.7518209Z

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is ministerial correction

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79586

registered interest

date

23/07/2014

answering body

HM Treasury

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answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

Taxation

house id

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25277

	pref label	House of Lords

question text

To ask Her Majesty’s Government what estimate they have made of the additional annual funding that would be raised by (1) each one per cent rise in income tax, (2) each one per cent rise in national insurance contributions, (3) abolishing the ceiling on national insurance contributions, (4) doubling the duty on (a) tobacco, (b) alcohol, and (c) gambling, and (5) for each one per cent increase in inheritance tax (with current exemption arrangements).

tabling member printed

Lord Warner

uin

HL1484

answer

is ministerial correction

date of answer

18/08/2014

answer text

Information on the revenue effects of changes in income tax, national insurance contributions, tobacco, alcohol and inheritance tax is available and published in the table ‘Direct effects of illustrative tax changes’ published on the GOV.UK website[1]. The table is a ‘ready reckoner’ showing estimates of the effects of various illustrative tax changes, on tax receipts in 2014-15 to 2016-17. [1] <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/297451/20140318_DirectEffectofillustrativechanges_Mar_v0.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/297451/20140318_DirectEffectofillustrativechanges_Mar_v0.1.pdf</a>

answering member printed

Lord Deighton

question first answered

18/08/2014 14:43:15

answering member

4262

	label	Biography information for Lord Deighton

attachment

1

	file name	direct effects of illustrative tax changes 0558lw.pdf
	title	Direct effects of illustrative tax changes

tabling member

1732

	label	Biography information for Lord Warner