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3 Jul 2003 : Column 380W—continued
Tax Rates
Mr. Gordon Prentice: To ask the Chancellor of the Exchequer what additional revenue would be generated if the top rate of tax were (a) 45 per cent., (b) 50 per cent. and (c) 60 per cent. for those with incomes over £100,000. [121995]
Dawn Primarolo: The full year yield of introducing an additional higher rate of tax in 2003–04 is given in table.
| Income tax yield in 2003–04 | £ billion |
|---|---|
| (a) 45 per cent. on gross incomes over £100,000 | 2.7 |
| (b) 50 per cent. on gross incomes over £100,000 | 5.0 |
| (c) 60 per cent. on gross incomes over £100,000 | 9.5 |
These estimates are based upon the 2000–01 Survey of Personal Incomes and are consistent with Budget 2003. They exclude any behavioural response to the tax change.
3 Jul 2003 : Column 381W
Mr. Gordon Prentice: To ask the Chancellor of the Exchequer how much additional revenue would be generated if the top rate of tax were (a) 45 per cent., (b) 50 per cent. and (c) 60 per cent. for those with incomes over £100,000 and the threshold for paying higher rates were raised to (i) £35,000 and (ii) £40,000. [121996]
Dawn Primarolo: The full year revenue yield or loss from making these changes in 2003–04 is set out in the table.
| The full year yield or loss (±) of increasingthe basic rate limit and introducing an | New basic rate limit(£ billion) | |
|---|---|---|
| additional higher rate of tax in 2003–04 | (i) £35,000 | (ii) £40,000 |
| (a) 45 per cent. on gross incomes over £100,000 | 0.3 | -1.7 |
| (b) 50 per cent. on gross incomes over £100,000 | 2.6 | 0.6 |
| (c) 60 per cent. on gross incomes over £100,000 | 7.2 | 5.2 |
These estimates are based upon the 2000–01 Survey of Personal Incomes and are consistent with Budget 2003. They exclude any behavioural response to the tax change.
Tax Rises
Mr. Wiggin: To ask the Chancellor of the Exchequer if he will list the tax rises he has introduced since 1997. [123554]
Dawn Primarolo: All changes to taxation since 1997 are set out in the relevant Financial Statement and Budget Reports, which are available in the Library of the House.
Taxes (Accruals Adjustments)
Mr. Flight: To ask the Chancellor of the Exchequer (1) if he will list the accruals adjustment on taxes for each year since 1996–97 or the earliest year for which data are available, whichever is the later, with reference to the accruals adjustments on taxes figures in Table C8 of the 2003 Budget, HC 500; [121324]
- (2) if he will list the reasons for the projected rise in accruals adjustments on taxes between 2002–03 and 2003–04, with reference to the accruals adjustments on taxes figures in Table C8 of the 2003 Budget, HC 500; and if he will make a statement; [121325]
(3) with reference to the accruals adjustments on taxes figures in Table C8 of the 2003 Budget, HC 500, if he will list for each tax for which the accrued receipts (a) differed from the cash receipts in 2001–02, (b) are estimated to have differed from the cash receipts in 2002–03 and (c) or are projected to differ from the cash receipts in 2003–04, the difference between the cash receipts and the accrued receipts for (i) 2001–02, (ii) 2002–03 and (iii) 2003–04. [121326]
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Mr. Boateng: The following table summarises the accruals adjustments on taxes and national insurance contributions from 1996–97, consistent with the figures given in Table C8 of Budget 2003 (HC 500).
| Year | Customs and Excise | Income Tax | Social security contributions | Other taxes | Total |
|---|---|---|---|---|---|
| 1996–97 | -0.1 | 0.6 | 0.3 | 0.5 | 1.3 |
| 1997–98 | -0.4 | 0.3 | 0.6 | 0.3 | 0.9 |
| 1998–99 | 0.1 | 0.6 | 0.0 | 0.6 | 1.3 |
| 1999–2000 | 2.8 | 1.1 | 0.8 | -0.1 | 4.7 |
| 2000–01 | 0.6 | 0.9 | 1.7 | 0.5 | 3.6 |
| 2001–02 | 0.9 | -0.1 | 0.0 | -0.1 | 0.6 |
| 2002–03 | 0.3 | 0.2 | -0.7 | -0.1 | -0.3 |
| 2003–04 | 0.6 | 1.3 | 1.8 | -0.1 | 3.6 |
These accruals adjustments are defined as the difference between taxes accruing for the year and actual cash receipts in that year. They can vary considerably from year to year and from tax to tax reflecting changes to the timing of cash payments, changes to the tax system, behavioural changes by taxpayers and the rate of growth of the tax base. A combination of these factors explains the increase between 2002–03 and 2003–04. As explained in paragraph C85 of Budget 2003, this is partly because of the effect of the national insurance contributions measures announced in Budget 2002.
Tied Financial Advisers
Dr. Cable: To ask the Chancellor of the Exchequer how many (a) tied financial advisers operate in the United Kingdom and (b) tied financial advisers had confirmed that they have obtained professional indemnity insurance cover by 30 May. [122902]
Mr. Boateng: I am advised by the Financial Services Authority that figures are not available for the number of tied advisers in the UK.
Tied advisers, that is to say advisers who can only advise on the products of marketing group associates of large banking or insurance firms, tend to be either appointed representatives of or employed by such firms. Typically those firms, which have substantial capital resources to meet the claims of consumers, do not have a requirement to carry professional indemnity insurance.
Widow's Bereavement Allowance
Mr. Willetts: To ask the Chancellor of the Exchequer if he will make a statement on the Parliamentary Commission for Admissions' observations in Equality Under the Law, Command Paper HC122, paragraph 23, on the Inland Revenue's policy towards widowers who have sought the widow's bereavement allowance. [122380]
Dawn Primarolo: I refer the hon. Gentleman to paragraph 65 of the Court of Appeal judgment in The Queen on the application of Adrian John Wilkinson and The Commissioners of Inland Revenue [2003] EWCA Civ 814, 18 June 2003, which can be found on the Court Service website at: www.courtservice.gov.uk
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Working Tax Credit
Vera Baird: To ask the Chancellor of the Exchequer what steps he is taking to encourage the take-up of working tax credit. [121823]
Dawn Primarolo: I refer the hon. Lady to my answer to the hon. Member for Northavon (Mr. Webb) on 10 February 2003, Official Report, column 604W, regarding child tax credit. Since that date further publicity has included television, press, radio and on-line advertising as well as direct mail.
Richard Burden: To ask the Chancellor of the Exchequer what action he is taking to check that information lines for related benefits listed in working tax credit award notices are operational; and what systems he has in place to correct inaccuracies. [121992]
Dawn Primarolo: Working tax credit award notices do not contain the details of information lines for related benefits attached to the new tax credits.
However, the Inland Revenue has published a leaflet, "WT6? Child Tax Credit and Working Tax Credit? Other types of help you may be able to get" which explains how the tax credits can help families receive other benefits. The leaflet is available from Inland Revenue Offices and Enquiry Centres and on-line at the Inland Revenue website. The details in the leaflet are regularly reviewed.
CABINET OFFICE
Council of Ministers
Mr. Bercow: To ask the Minister for the Cabinet Office on how many occasions since May 1997 the Department's vote in the Council of Ministers against a legislative proposal (a) was sufficient and (b) was not sufficient to achieve with other member states a blocking minority. [117216]
Mr. Alexander: The Minister for the Cabinet Office has not voted in the Council of Ministers against a legislative proposal since May 1997. The Minister for the Cabinet Office does not attend meetings of the Council of Ministers, as the Department does not have the policy lead on any issues debated there.
Mr. Bercow: To ask the Minister for the Cabinet Office on how many occasions since May 1997 the Department abstained in the Council of Ministers on a legislative proposal which was passed by qualified majority voting. [117234]
Mr. Alexander: The Department has not abstained in the Council of Ministers on a legislative proposal passed by qualified majority voting since May 1997. The Minister for the Cabinet Office does not attend meetings of the Council of Ministers, as the Department does not have the policy lead on any issues debated there.
Mr. Bercow: To ask the Minister for the Cabinet Office on how many occasions since May 1997 the Department has been outvoted by qualified majority voting in the Council of Ministers; and if he will list the legislation by year. [117252]
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Mr. Alexander: The Department has not been outvoted by qualified majority voting in the Council of Ministers since May 1997. The Minister for the Cabinet Office does not attend meetings of the Council of Ministers, as the Department does not have the policy lead on any issues debated there.
Mr. Bercow: To ask the Minister for the Cabinet Office on how many occasions since May 1997 the Department indicated dissent from a proposal in the Council of Ministers but did not register a vote or abstention. [117263]
Mr. Alexander: The Department has not indicated dissent without registering a vote or abstention from a proposal in the Council of Ministers since May 1997. The Minister for the Cabinet Office does not attend meetings of the Council of Ministers, as the Department does not have the policy lead on any issues debated there.
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