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92466

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Personal Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people had a net income of £150,000 or more in each fiscal year from 2007-08 to date.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210041
answer	answer is ministerial correction date of answer 17/10/2014 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 answering member printed Mr David Gauke grouped question UIN 209932 210042 210043 210044 210045 210046 question first answered 17/10/2014 11:58:58 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

647627

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Airports
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will instruct the Infrastructure and Projects Authority to reproduce Table 7.1 of the Final Report of the Airports Commission, published in July 2015, using an appraisal period of (a) 10, (b) 20 and (c) 30 years.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	55511
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>The Infrastructure and Projects Authority has no plans to produce further analysis on the identification and evaluation of how any need for additional capacity airport should be met.</p><p> </p><p>In October, the Department for Transport published a range of analyses to be read alongside the Airports Commission Final Report as part of the Government’s announcement of its preferred scheme for new runway capacity in the South East.</p><p> </p><p>The Government will now lay a draft National Policy Statement for consultation in the New Year, which will be accompanied by an Appraisal of Sustainability that examines the economic, environmental and social impacts of the preferred scheme and reasonable alternatives.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 55509 55510 question first answered 07/12/2016 11:04:47 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

647625

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Airports
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will instruct the Infrastructure and Projects Authority to reproduce Table 7.1 of the Final Report of the Airports Commission, published in July 2015, using the Commission's (a) global growth, (b) relative decline of Europe, (c) low-cost is king and (d) global fragmentation scenarios.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	55510
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>The Infrastructure and Projects Authority has no plans to produce further analysis on the identification and evaluation of how any need for additional capacity airport should be met.</p><p> </p><p>In October, the Department for Transport published a range of analyses to be read alongside the Airports Commission Final Report as part of the Government’s announcement of its preferred scheme for new runway capacity in the South East.</p><p> </p><p>The Government will now lay a draft National Policy Statement for consultation in the New Year, which will be accompanied by an Appraisal of Sustainability that examines the economic, environmental and social impacts of the preferred scheme and reasonable alternatives.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 55509 55511 question first answered 07/12/2016 11:04:46 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

92465

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of revising the starting threshold for (a) basic-rate and (b) top-rate income taxpayers for each £500 the threshold is raised.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210040
answer	answer is ministerial correction date of answer 16/10/2014 answer text <p>The cost of raising the income tax limits may be approximated using the “Direct effects of illustrative tax changes” table as published on the internet at the following address:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes" target="_blank">https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes</a></p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 16/10/2014 13:40:28 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

92461

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210043
answer	answer is ministerial correction date of answer 17/10/2014 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 answering member printed Mr David Gauke grouped question UIN 209932 210041 210042 210044 210045 210046 question first answered 17/10/2014 11:58:58 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

92462

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210044
answer	answer is ministerial correction date of answer 17/10/2014 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 answering member printed Mr David Gauke grouped question UIN 209932 210041 210042 210043 210045 210046 question first answered 17/10/2014 11:58:58 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

92463

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210045
answer	answer is ministerial correction date of answer 17/10/2014 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 answering member printed Mr David Gauke grouped question UIN 209932 210041 210042 210043 210044 210046 question first answered 17/10/2014 11:58:58 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

647630

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Airports: South East
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the Infrastructure and Projects Authority will assume responsibility for future projects to increase airport capacity in the South East.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	55472
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>A range of public or private sector organisations are responsible for the delivery of infrastructure projects. The Infrastructure and Projects Authority will continue to provide expertise to a range of projects.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 07/12/2016 11:09:47 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

92464

registered interest
date	10/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Rates and Bands
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to Table 2.5 of HM Revenue and Customs publication, The Exchequer effect of the 50 per cent additional rate of income tax, published in March 2012, what the income tax revenue shares were by income trend in (a) 2010-11, (b) 2011-12, (c) 2012-13 and (d) 2013-14.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	210046
answer	answer is ministerial correction date of answer 17/10/2014 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 answering member printed Mr David Gauke grouped question UIN 209932 210041 210042 210043 210044 210045 question first answered 17/10/2014 11:58:59 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond

647626

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Airports
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to Table 7.1 of the Final Report of the Airports Commission, published in July 2015, if he will commission an assessment of the effect on the data in that table under the Commission's (a) global growth, (b) relative decline of Europe, (c) low-cost is king and (d) global fragmentation scenarios.
tabling member constituency	Wimbledon
tabling member printed	Stephen Hammond
uin	55509
answer	answer is ministerial correction date of answer 07/12/2016 answer text <p>The Infrastructure and Projects Authority has no plans to produce further analysis on the identification and evaluation of how any need for additional capacity airport should be met.</p><p> </p><p>In October, the Department for Transport published a range of analyses to be read alongside the Airports Commission Final Report as part of the Government’s announcement of its preferred scheme for new runway capacity in the South East.</p><p> </p><p>The Government will now lay a draft National Policy Statement for consultation in the New Year, which will be accompanied by an Appraisal of Sustainability that examines the economic, environmental and social impacts of the preferred scheme and reasonable alternatives.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke grouped question UIN 55510 55511 question first answered 07/12/2016 11:04:46 answering member 1529 label Biography information for Mr David Gauke
tabling member	1585 label Biography information for Stephen Hammond