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answering dept short name	Treasury
identifier	HL1484
question status	Tabled
max ddp modified	2015-02-07T02:14:38.747Z
max answer › date of answer	2014-10-27

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answering body

answering dept id

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tabling member printed

uin

answer

is ministerial correction

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answering member printed

question first answered

answering member


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tabling member


label

79586

registered interest

date

23/07/2014

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

Taxation

house id

legislature

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