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179531
registered interest false more like this
date less than 2015-02-12more like thismore than 2015-02-12
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Spirits more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the contribution of the spirits industry to economic activity in the wider economy. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 224341 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-02-24more like thismore than 2015-02-24
answer text <p>Ernst &amp; Young (EY) have recently published its economic impact analysis of the spirits industry in the UK. The EY report which can be found online includes estimates of the spirits industry’s financial contribution to the UK economy, contribution to economic activity and the number of jobs the industry supports.</p><p> </p> more like this
answering member constituency Witham more like this
answering member printed Priti Patel more like this
grouped question UIN
224340 more like this
224343 more like this
question first answered
less than 2015-02-24T17:34:49.173Zmore like thismore than 2015-02-24T17:34:49.173Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
179532
registered interest false more like this
date less than 2015-02-12more like thismore than 2015-02-12
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Spirits: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent estimate he has made of how much consumers of spirits paid in duty, tax and VAT in the latest period for which figures are avaiable. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 224342 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-02-24more like thismore than 2015-02-24
answer text <p>Receipts from duties on spirits that are released for consumption in the UK are published in our monthly alcohol bulletin:</p><p> </p><p><a href="https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx" target="_blank">https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx</a></p><p> </p><p> </p><p> </p><p>Information on VAT paid by consumers on spirits is not available. HM Revenue &amp; Customs do not collect data on VAT receipts by individual goods or services.</p><p> </p> more like this
answering member constituency Witham more like this
answering member printed Priti Patel more like this
question first answered
less than 2015-02-24T17:37:07.197Zmore like thismore than 2015-02-24T17:37:07.197Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
179533
registered interest false more like this
date less than 2015-02-12more like thismore than 2015-02-12
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Spirits more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many jobs are supported by the spirits industry in the UK. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 224343 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-02-24more like thismore than 2015-02-24
answer text <p>Ernst &amp; Young (EY) have recently published its economic impact analysis of the spirits industry in the UK. The EY report which can be found online includes estimates of the spirits industry’s financial contribution to the UK economy, contribution to economic activity and the number of jobs the industry supports.</p><p> </p> more like this
answering member constituency Witham more like this
answering member printed Priti Patel more like this
grouped question UIN
224340 more like this
224341 more like this
question first answered
less than 2015-02-24T17:34:49.333Zmore like thismore than 2015-02-24T17:34:49.333Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
179534
registered interest false more like this
date less than 2015-02-12more like thismore than 2015-02-12
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Spirits more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent estimate he has made of the financial contribution of the spirits industry to the UK economy. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 224340 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-02-24more like thismore than 2015-02-24
answer text <p>Ernst &amp; Young (EY) have recently published its economic impact analysis of the spirits industry in the UK. The EY report which can be found online includes estimates of the spirits industry’s financial contribution to the UK economy, contribution to economic activity and the number of jobs the industry supports.</p><p> </p> more like this
answering member constituency Witham more like this
answering member printed Priti Patel more like this
grouped question UIN
224341 more like this
224343 more like this
question first answered
less than 2015-02-24T17:34:49.063Zmore like thismore than 2015-02-24T17:34:49.063Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
156988
registered interest false more like this
date less than 2014-11-20more like thismore than 2014-11-20
answering body
Foreign and Commonwealth Office more like this
answering dept id 16 more like this
answering dept short name Foreign and Commonwealth Office more like this
answering dept sort name Foreign and Commonwealth Office more like this
hansard heading Iran more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent assessment he has made of the extent of Iran's financial and material support for Hamas. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 215509 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-27more like thismore than 2014-11-27
answer text <p>We remain deeply concerned by Iran’s ongoing financial and material support for Hamas and other Palestinian rejectionist groups. The supply of arms to Hamas contravenes the embargo on Iranian arms exports established by UN Security Council Resolution 1747 and undermines prospects for peace and stability in the Middle East.</p> more like this
answering member constituency Bournemouth East more like this
answering member printed Mr Tobias Ellwood more like this
question first answered
less than 2014-11-27T14:26:41.26Zmore like thismore than 2014-11-27T14:26:41.26Z
answering member
1487
label Biography information for Mr Tobias Ellwood more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
92459
registered interest false more like this
date less than 2014-10-10more like thismore than 2014-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Tax Rates and Bands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, with reference to table 4.1 in HM Revenue and Customs report, The Exchequer effect of the 50 per cent additional rate of income tax, published in March 2012, what recent estimate his Department has made of taxable income elasticity for the UK economy. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 209932 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-17more like thismore than 2014-10-17
answer text <p>i, ii and iii. The estimated impact of the additional rate on tax liabilities is set out in Chapter 5 of the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”. This report sets out the latest estimates of the taxable income elasticity, and the forestalling and other behavioural effects. It is available at:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/+/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm</a></p><p> </p><p> </p><p> </p><p>iv. In 1988 the top rate of income tax was reduced from 60 per cent to 40 per cent (the ‘higher rate’). The table below details the tax liabilities for higher rate payers from 1997/98 to 2009/10. Comparable figures are not available for the previous years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>Tax Year </strong></p></td><td><p><strong>Tax Liability after Deductions £million</strong></p></td></tr><tr><td><p>1997/1998</p></td><td><p>32,900</p></td></tr><tr><td><p>1998/1999</p></td><td><p>38,590</p></td></tr><tr><td><p>1999/2000</p></td><td><p>45,700</p></td></tr><tr><td><p>2000/2001</p></td><td><p>54,000</p></td></tr><tr><td><p>2001/2002</p></td><td><p>56,400</p></td></tr><tr><td><p>2002/2003</p></td><td><p>57,000</p></td></tr><tr><td><p>2003/2004</p></td><td><p>57,100</p></td></tr><tr><td><p>2004/2005</p></td><td><p>65,200</p></td></tr><tr><td><p>2005/2006</p></td><td><p>76,400</p></td></tr><tr><td><p>2006/2007</p></td><td><p>84,300</p></td></tr><tr><td><p>2007/2008</p></td><td><p>93,200</p></td></tr><tr><td><p>2008/2009</p></td><td><p>89,700</p></td></tr><tr><td><p>2009/2010</p></td><td><p>82,800</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>v. Current and previous estimates of revenue from the 50% income tax rate can be found in the Office of Budget Responsibility’s March 2012 Economic Fiscal Outlook report, “Box 4.2: The additional rate of income tax”.</p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="8"><p>£ billion</p></td></tr><tr><td> </td><td><p>Outturn</p></td><td colspan="6"><p>Forecast</p></td></tr><tr><td><p>Liabilities Basis</p></td><td><p>2009-10</p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td></tr><tr><td><p>Underlying Impact of 50p rate: Original Estimate</p><p>OBR estimate June 2010 (<a href="http://en.wikipedia.org/wiki/TIE" target="_blank">TIE</a>=0.35)</p></td><td><p>0.0</p></td><td><p>2.5</p></td><td><p>2.5</p></td><td><p>2.7</p></td><td><p>2.9</p></td><td><p>3.2</p></td><td><p>3.5</p></td></tr><tr><td><p>Current Costing<sup>1</sup></p></td><td><p>0.0</p></td><td><p>0.7</p></td><td><p>0.6</p></td><td><p>0.6</p></td><td><p>0.7</p></td><td><p>0.7</p></td><td><p>0.8</p></td></tr><tr><td><p>Difference</p></td><td><p>0.0</p></td><td><p>-1.8</p></td><td><p>-1.9</p></td><td><p>-2.1</p></td><td><p>-2.2</p></td><td><p>-2.5</p></td><td><p>-2.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><sup>1 </sup><em>Based on the current estimates cost of reduction in the rate from 50% to 40%</em></p><p> </p><p> </p><p> </p><p>vi. Chart 5.1 of the HMRC Report details the number of taxpayers with incomes above £150,000 for the years 2000/01 to 2010/11 (see link above).</p><p> </p><p> </p><p> </p><p>The estimated number of taxpayers liable to the additional rate of income tax for more recent years is published in the HMRC National Statistics table 2.1 available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf</a></p><p> </p><p> </p><p> </p><p>vii. Estimates of income tax liabilities by income range are published in the HMRC National Statistics table 2.5 available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf</a></p><p> </p><p>Shares of income tax liabilities by percentile group are available in table 2.4 at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf</a></p><p> </p><p>These estimates are based on the Survey of Personal Incomes (<a title="http://en.wikipedia.org/wiki/SPI" href="http://en.wikipedia.org/wiki/SPI" target="_blank">SPI</a>) outturn data up to 2011-12, and then projected to 2013-14 in line with the <a title="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" href="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" target="_blank">Office for Budget Responsibility</a>'s latest economic and fiscal outlook.</p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
grouped question UIN
210041 more like this
210042 more like this
210043 more like this
210044 more like this
210045 more like this
210046 more like this
question first answered
less than 2014-10-17T11:58:57.7610625Zmore like thismore than 2014-10-17T11:58:57.7610625Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
92460
registered interest false more like this
date less than 2014-10-10more like thismore than 2014-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Tax Rates and Bands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, with reference to paragraphs 5.40 and 5.41 of HM Revenue and Customs report, The Exchequer effect of the 50 per cent additional rate of income tax, published in March 2012, , what recent estimate he has made of the scale of (a) forestalling and (b) other behavioural effects. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 210042 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-17more like thismore than 2014-10-17
answer text <p>i, ii and iii. The estimated impact of the additional rate on tax liabilities is set out in Chapter 5 of the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”. This report sets out the latest estimates of the taxable income elasticity, and the forestalling and other behavioural effects. It is available at:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/+/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm</a></p><p> </p><p> </p><p> </p><p>iv. In 1988 the top rate of income tax was reduced from 60 per cent to 40 per cent (the ‘higher rate’). The table below details the tax liabilities for higher rate payers from 1997/98 to 2009/10. Comparable figures are not available for the previous years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>Tax Year </strong></p></td><td><p><strong>Tax Liability after Deductions £million</strong></p></td></tr><tr><td><p>1997/1998</p></td><td><p>32,900</p></td></tr><tr><td><p>1998/1999</p></td><td><p>38,590</p></td></tr><tr><td><p>1999/2000</p></td><td><p>45,700</p></td></tr><tr><td><p>2000/2001</p></td><td><p>54,000</p></td></tr><tr><td><p>2001/2002</p></td><td><p>56,400</p></td></tr><tr><td><p>2002/2003</p></td><td><p>57,000</p></td></tr><tr><td><p>2003/2004</p></td><td><p>57,100</p></td></tr><tr><td><p>2004/2005</p></td><td><p>65,200</p></td></tr><tr><td><p>2005/2006</p></td><td><p>76,400</p></td></tr><tr><td><p>2006/2007</p></td><td><p>84,300</p></td></tr><tr><td><p>2007/2008</p></td><td><p>93,200</p></td></tr><tr><td><p>2008/2009</p></td><td><p>89,700</p></td></tr><tr><td><p>2009/2010</p></td><td><p>82,800</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>v. Current and previous estimates of revenue from the 50% income tax rate can be found in the Office of Budget Responsibility’s March 2012 Economic Fiscal Outlook report, “Box 4.2: The additional rate of income tax”.</p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="8"><p>£ billion</p></td></tr><tr><td> </td><td><p>Outturn</p></td><td colspan="6"><p>Forecast</p></td></tr><tr><td><p>Liabilities Basis</p></td><td><p>2009-10</p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td></tr><tr><td><p>Underlying Impact of 50p rate: Original Estimate</p><p>OBR estimate June 2010 (<a href="http://en.wikipedia.org/wiki/TIE" target="_blank">TIE</a>=0.35)</p></td><td><p>0.0</p></td><td><p>2.5</p></td><td><p>2.5</p></td><td><p>2.7</p></td><td><p>2.9</p></td><td><p>3.2</p></td><td><p>3.5</p></td></tr><tr><td><p>Current Costing<sup>1</sup></p></td><td><p>0.0</p></td><td><p>0.7</p></td><td><p>0.6</p></td><td><p>0.6</p></td><td><p>0.7</p></td><td><p>0.7</p></td><td><p>0.8</p></td></tr><tr><td><p>Difference</p></td><td><p>0.0</p></td><td><p>-1.8</p></td><td><p>-1.9</p></td><td><p>-2.1</p></td><td><p>-2.2</p></td><td><p>-2.5</p></td><td><p>-2.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><sup>1 </sup><em>Based on the current estimates cost of reduction in the rate from 50% to 40%</em></p><p> </p><p> </p><p> </p><p>vi. Chart 5.1 of the HMRC Report details the number of taxpayers with incomes above £150,000 for the years 2000/01 to 2010/11 (see link above).</p><p> </p><p> </p><p> </p><p>The estimated number of taxpayers liable to the additional rate of income tax for more recent years is published in the HMRC National Statistics table 2.1 available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf</a></p><p> </p><p> </p><p> </p><p>vii. Estimates of income tax liabilities by income range are published in the HMRC National Statistics table 2.5 available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf</a></p><p> </p><p>Shares of income tax liabilities by percentile group are available in table 2.4 at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf</a></p><p> </p><p>These estimates are based on the Survey of Personal Incomes (<a title="http://en.wikipedia.org/wiki/SPI" href="http://en.wikipedia.org/wiki/SPI" target="_blank">SPI</a>) outturn data up to 2011-12, and then projected to 2013-14 in line with the <a title="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" href="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" target="_blank">Office for Budget Responsibility</a>'s latest economic and fiscal outlook.</p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
grouped question UIN
209932 more like this
210041 more like this
210043 more like this
210044 more like this
210045 more like this
210046 more like this
question first answered
less than 2014-10-17T11:58:58.196756Zmore like thismore than 2014-10-17T11:58:58.196756Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
92461
registered interest false more like this
date less than 2014-10-10more like thismore than 2014-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Tax Rates and Bands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what estimate he has made of the fall in liabilities as a result of the introduction of the 50 per cent top rate of income tax on 6 April 2010. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 210043 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-17more like thismore than 2014-10-17
answer text <p>i, ii and iii. The estimated impact of the additional rate on tax liabilities is set out in Chapter 5 of the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”. This report sets out the latest estimates of the taxable income elasticity, and the forestalling and other behavioural effects. It is available at:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/+/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm</a></p><p> </p><p> </p><p> </p><p>iv. In 1988 the top rate of income tax was reduced from 60 per cent to 40 per cent (the ‘higher rate’). The table below details the tax liabilities for higher rate payers from 1997/98 to 2009/10. Comparable figures are not available for the previous years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>Tax Year </strong></p></td><td><p><strong>Tax Liability after Deductions £million</strong></p></td></tr><tr><td><p>1997/1998</p></td><td><p>32,900</p></td></tr><tr><td><p>1998/1999</p></td><td><p>38,590</p></td></tr><tr><td><p>1999/2000</p></td><td><p>45,700</p></td></tr><tr><td><p>2000/2001</p></td><td><p>54,000</p></td></tr><tr><td><p>2001/2002</p></td><td><p>56,400</p></td></tr><tr><td><p>2002/2003</p></td><td><p>57,000</p></td></tr><tr><td><p>2003/2004</p></td><td><p>57,100</p></td></tr><tr><td><p>2004/2005</p></td><td><p>65,200</p></td></tr><tr><td><p>2005/2006</p></td><td><p>76,400</p></td></tr><tr><td><p>2006/2007</p></td><td><p>84,300</p></td></tr><tr><td><p>2007/2008</p></td><td><p>93,200</p></td></tr><tr><td><p>2008/2009</p></td><td><p>89,700</p></td></tr><tr><td><p>2009/2010</p></td><td><p>82,800</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>v. Current and previous estimates of revenue from the 50% income tax rate can be found in the Office of Budget Responsibility’s March 2012 Economic Fiscal Outlook report, “Box 4.2: The additional rate of income tax”.</p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="8"><p>£ billion</p></td></tr><tr><td> </td><td><p>Outturn</p></td><td colspan="6"><p>Forecast</p></td></tr><tr><td><p>Liabilities Basis</p></td><td><p>2009-10</p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td></tr><tr><td><p>Underlying Impact of 50p rate: Original Estimate</p><p>OBR estimate June 2010 (<a href="http://en.wikipedia.org/wiki/TIE" target="_blank">TIE</a>=0.35)</p></td><td><p>0.0</p></td><td><p>2.5</p></td><td><p>2.5</p></td><td><p>2.7</p></td><td><p>2.9</p></td><td><p>3.2</p></td><td><p>3.5</p></td></tr><tr><td><p>Current Costing<sup>1</sup></p></td><td><p>0.0</p></td><td><p>0.7</p></td><td><p>0.6</p></td><td><p>0.6</p></td><td><p>0.7</p></td><td><p>0.7</p></td><td><p>0.8</p></td></tr><tr><td><p>Difference</p></td><td><p>0.0</p></td><td><p>-1.8</p></td><td><p>-1.9</p></td><td><p>-2.1</p></td><td><p>-2.2</p></td><td><p>-2.5</p></td><td><p>-2.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><sup>1 </sup><em>Based on the current estimates cost of reduction in the rate from 50% to 40%</em></p><p> </p><p> </p><p> </p><p>vi. Chart 5.1 of the HMRC Report details the number of taxpayers with incomes above £150,000 for the years 2000/01 to 2010/11 (see link above).</p><p> </p><p> </p><p> </p><p>The estimated number of taxpayers liable to the additional rate of income tax for more recent years is published in the HMRC National Statistics table 2.1 available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf</a></p><p> </p><p> </p><p> </p><p>vii. Estimates of income tax liabilities by income range are published in the HMRC National Statistics table 2.5 available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf</a></p><p> </p><p>Shares of income tax liabilities by percentile group are available in table 2.4 at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf</a></p><p> </p><p>These estimates are based on the Survey of Personal Incomes (<a title="http://en.wikipedia.org/wiki/SPI" href="http://en.wikipedia.org/wiki/SPI" target="_blank">SPI</a>) outturn data up to 2011-12, and then projected to 2013-14 in line with the <a title="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" href="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" target="_blank">Office for Budget Responsibility</a>'s latest economic and fiscal outlook.</p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
grouped question UIN
209932 more like this
210041 more like this
210042 more like this
210044 more like this
210045 more like this
210046 more like this
question first answered
less than 2014-10-17T11:58:58.3686341Zmore like thismore than 2014-10-17T11:58:58.3686341Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
92462
registered interest false more like this
date less than 2014-10-10more like thismore than 2014-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Tax Rates and Bands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what the yield was of the 50 per cent tax rate in each fiscal year of its existence from 6 April 2010. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 210044 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-17more like thismore than 2014-10-17
answer text <p>i, ii and iii. The estimated impact of the additional rate on tax liabilities is set out in Chapter 5 of the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”. This report sets out the latest estimates of the taxable income elasticity, and the forestalling and other behavioural effects. It is available at:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/+/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm</a></p><p> </p><p> </p><p> </p><p>iv. In 1988 the top rate of income tax was reduced from 60 per cent to 40 per cent (the ‘higher rate’). The table below details the tax liabilities for higher rate payers from 1997/98 to 2009/10. Comparable figures are not available for the previous years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>Tax Year </strong></p></td><td><p><strong>Tax Liability after Deductions £million</strong></p></td></tr><tr><td><p>1997/1998</p></td><td><p>32,900</p></td></tr><tr><td><p>1998/1999</p></td><td><p>38,590</p></td></tr><tr><td><p>1999/2000</p></td><td><p>45,700</p></td></tr><tr><td><p>2000/2001</p></td><td><p>54,000</p></td></tr><tr><td><p>2001/2002</p></td><td><p>56,400</p></td></tr><tr><td><p>2002/2003</p></td><td><p>57,000</p></td></tr><tr><td><p>2003/2004</p></td><td><p>57,100</p></td></tr><tr><td><p>2004/2005</p></td><td><p>65,200</p></td></tr><tr><td><p>2005/2006</p></td><td><p>76,400</p></td></tr><tr><td><p>2006/2007</p></td><td><p>84,300</p></td></tr><tr><td><p>2007/2008</p></td><td><p>93,200</p></td></tr><tr><td><p>2008/2009</p></td><td><p>89,700</p></td></tr><tr><td><p>2009/2010</p></td><td><p>82,800</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>v. Current and previous estimates of revenue from the 50% income tax rate can be found in the Office of Budget Responsibility’s March 2012 Economic Fiscal Outlook report, “Box 4.2: The additional rate of income tax”.</p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="8"><p>£ billion</p></td></tr><tr><td> </td><td><p>Outturn</p></td><td colspan="6"><p>Forecast</p></td></tr><tr><td><p>Liabilities Basis</p></td><td><p>2009-10</p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td></tr><tr><td><p>Underlying Impact of 50p rate: Original Estimate</p><p>OBR estimate June 2010 (<a href="http://en.wikipedia.org/wiki/TIE" target="_blank">TIE</a>=0.35)</p></td><td><p>0.0</p></td><td><p>2.5</p></td><td><p>2.5</p></td><td><p>2.7</p></td><td><p>2.9</p></td><td><p>3.2</p></td><td><p>3.5</p></td></tr><tr><td><p>Current Costing<sup>1</sup></p></td><td><p>0.0</p></td><td><p>0.7</p></td><td><p>0.6</p></td><td><p>0.6</p></td><td><p>0.7</p></td><td><p>0.7</p></td><td><p>0.8</p></td></tr><tr><td><p>Difference</p></td><td><p>0.0</p></td><td><p>-1.8</p></td><td><p>-1.9</p></td><td><p>-2.1</p></td><td><p>-2.2</p></td><td><p>-2.5</p></td><td><p>-2.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><sup>1 </sup><em>Based on the current estimates cost of reduction in the rate from 50% to 40%</em></p><p> </p><p> </p><p> </p><p>vi. Chart 5.1 of the HMRC Report details the number of taxpayers with incomes above £150,000 for the years 2000/01 to 2010/11 (see link above).</p><p> </p><p> </p><p> </p><p>The estimated number of taxpayers liable to the additional rate of income tax for more recent years is published in the HMRC National Statistics table 2.1 available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf</a></p><p> </p><p> </p><p> </p><p>vii. Estimates of income tax liabilities by income range are published in the HMRC National Statistics table 2.5 available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf</a></p><p> </p><p>Shares of income tax liabilities by percentile group are available in table 2.4 at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf</a></p><p> </p><p>These estimates are based on the Survey of Personal Incomes (<a title="http://en.wikipedia.org/wiki/SPI" href="http://en.wikipedia.org/wiki/SPI" target="_blank">SPI</a>) outturn data up to 2011-12, and then projected to 2013-14 in line with the <a title="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" href="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" target="_blank">Office for Budget Responsibility</a>'s latest economic and fiscal outlook.</p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
grouped question UIN
209932 more like this
210041 more like this
210042 more like this
210043 more like this
210045 more like this
210046 more like this
question first answered
less than 2014-10-17T11:58:58.6484999Zmore like thismore than 2014-10-17T11:58:58.6484999Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter
92463
registered interest false more like this
date less than 2014-10-10more like thismore than 2014-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax: Tax Rates and Bands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what the yield was of the top rate of income tax for each fiscal year from the introduction of the top rate of 45 per cent in 1988 to its abolition in 2010. more like this
tabling member constituency Wimbledon more like this
tabling member printed
Stephen Hammond more like this
uin 210045 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-17more like thismore than 2014-10-17
answer text <p>i, ii and iii. The estimated impact of the additional rate on tax liabilities is set out in Chapter 5 of the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”. This report sets out the latest estimates of the taxable income elasticity, and the forestalling and other behavioural effects. It is available at:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/+/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm" target="_blank">http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.htm</a></p><p> </p><p> </p><p> </p><p>iv. In 1988 the top rate of income tax was reduced from 60 per cent to 40 per cent (the ‘higher rate’). The table below details the tax liabilities for higher rate payers from 1997/98 to 2009/10. Comparable figures are not available for the previous years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>Tax Year </strong></p></td><td><p><strong>Tax Liability after Deductions £million</strong></p></td></tr><tr><td><p>1997/1998</p></td><td><p>32,900</p></td></tr><tr><td><p>1998/1999</p></td><td><p>38,590</p></td></tr><tr><td><p>1999/2000</p></td><td><p>45,700</p></td></tr><tr><td><p>2000/2001</p></td><td><p>54,000</p></td></tr><tr><td><p>2001/2002</p></td><td><p>56,400</p></td></tr><tr><td><p>2002/2003</p></td><td><p>57,000</p></td></tr><tr><td><p>2003/2004</p></td><td><p>57,100</p></td></tr><tr><td><p>2004/2005</p></td><td><p>65,200</p></td></tr><tr><td><p>2005/2006</p></td><td><p>76,400</p></td></tr><tr><td><p>2006/2007</p></td><td><p>84,300</p></td></tr><tr><td><p>2007/2008</p></td><td><p>93,200</p></td></tr><tr><td><p>2008/2009</p></td><td><p>89,700</p></td></tr><tr><td><p>2009/2010</p></td><td><p>82,800</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>v. Current and previous estimates of revenue from the 50% income tax rate can be found in the Office of Budget Responsibility’s March 2012 Economic Fiscal Outlook report, “Box 4.2: The additional rate of income tax”.</p><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="8"><p>£ billion</p></td></tr><tr><td> </td><td><p>Outturn</p></td><td colspan="6"><p>Forecast</p></td></tr><tr><td><p>Liabilities Basis</p></td><td><p>2009-10</p></td><td><p>2010-11</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td></tr><tr><td><p>Underlying Impact of 50p rate: Original Estimate</p><p>OBR estimate June 2010 (<a href="http://en.wikipedia.org/wiki/TIE" target="_blank">TIE</a>=0.35)</p></td><td><p>0.0</p></td><td><p>2.5</p></td><td><p>2.5</p></td><td><p>2.7</p></td><td><p>2.9</p></td><td><p>3.2</p></td><td><p>3.5</p></td></tr><tr><td><p>Current Costing<sup>1</sup></p></td><td><p>0.0</p></td><td><p>0.7</p></td><td><p>0.6</p></td><td><p>0.6</p></td><td><p>0.7</p></td><td><p>0.7</p></td><td><p>0.8</p></td></tr><tr><td><p>Difference</p></td><td><p>0.0</p></td><td><p>-1.8</p></td><td><p>-1.9</p></td><td><p>-2.1</p></td><td><p>-2.2</p></td><td><p>-2.5</p></td><td><p>-2.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><sup>1 </sup><em>Based on the current estimates cost of reduction in the rate from 50% to 40%</em></p><p> </p><p> </p><p> </p><p>vi. Chart 5.1 of the HMRC Report details the number of taxpayers with incomes above £150,000 for the years 2000/01 to 2010/11 (see link above).</p><p> </p><p> </p><p> </p><p>The estimated number of taxpayers liable to the additional rate of income tax for more recent years is published in the HMRC National Statistics table 2.1 available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306826/Table_2.1.pdf</a></p><p> </p><p> </p><p> </p><p>vii. Estimates of income tax liabilities by income range are published in the HMRC National Statistics table 2.5 available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf</a></p><p> </p><p>Shares of income tax liabilities by percentile group are available in table 2.4 at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306831/Table_2.4.pdf</a></p><p> </p><p>These estimates are based on the Survey of Personal Incomes (<a title="http://en.wikipedia.org/wiki/SPI" href="http://en.wikipedia.org/wiki/SPI" target="_blank">SPI</a>) outturn data up to 2011-12, and then projected to 2013-14 in line with the <a title="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" href="http://en.wikipedia.org/wiki/Office_for_Budget_Responsibility" target="_blank">Office for Budget Responsibility</a>'s latest economic and fiscal outlook.</p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
grouped question UIN
209932 more like this
210041 more like this
210042 more like this
210043 more like this
210044 more like this
210046 more like this
question first answered
less than 2014-10-17T11:58:58.8509553Zmore like thismore than 2014-10-17T11:58:58.8509553Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1585
label Biography information for Stephen Hammond remove filter