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18 Oct 2007 : Column 1269W—continued
| Lone parent/single earner couple with children | |||
| Annual earnings | One child | Two children | Three children |
Dr. Cable: To ask the Chancellor of the Exchequer what percentage of the monetary benefit of the cut in the basic rate of income tax announced in Budget 2007 to take effect in April 2008 will go to (a) the poorest 10 per cent. of the population and (b) the richest 40 per cent. of the population; and if he will make a statement. [150897]
Jane Kennedy: The cut in the basic rate of income tax announced in Budget 2007 was part of a package of reforms designed to simplify the tax and benefit system. The following table shows the gain by income decile from the reforms taken together.
| Income decile | Percentage change in net household income |
The measures announced in Budget 2007 are part of ongoing reform of the tax and benefit system since 1997. Since 1997, these changes have benefited those at the bottom of the income distribution most, with over a fifth of the net gains going to the bottom tenth of the income distribution, compared to around a tenth going to the top four income deciles.
Inheritance Tax
Mr. Boswell: To ask the Chancellor of the Exchequer whether the scheme of relief for inheritance tax for current and former spouses announced in the pre-Budget report will be extended to cover those whose spouse died under the estate duty regime applicable until 1974; and if he will make a statement. [157952]
Jane Kennedy: The Chancellor announced in his pre-Budget report statement that the transferable inheritance tax allowance is available to all existing widows, widowers or bereaved civil partners. This includes those whose spouse died under the estate duty regime.
Harry Cohen: To ask the Chancellor of the Exchequer if he will give consideration to the possibility of extending his inheritance tax exemption transfer to cohabiting couples who can indicate that they have not married or entered into a civil partnership because they are of different religions or have special circumstances. [158009]
Jane Kennedy: The Chancellor announced in his pre-Budget report that the combined IHT allowance for married couples and civil partners is now £600,000, rising to £700,000 in April 2010. This combined allowance will apply where IHT spouse relief is already applicable to transfers between the two partners.
Mr. Pickles: To ask the Chancellor of the Exchequer (1) how much revenue was raised via inheritance tax in (a) England and (b) the United Kingdom in (i) 1996-97 and (ii) 2006-07; [158410]
(2) how many estates paid inheritance tax in (a) England and (b) the United Kingdom in (i) 1996-97 and (ii) 2006-07. [158415]
Jane Kennedy: The information requested is not available for England. The following tables show figures for the United Kingdom, and for England and Wales combined.
| Inheritance tax receipts | ||
| £ billion | ||
| United Kingdom | England and Wales | |
| Estates paying inheritance tax | ||
| United Kingdom | England and Wales | |
| (1) The figure of 17,900 in 1996-97 is a revision of the previously published figure of 15,000. | ||
Tim Farron: To ask the Chancellor of the Exchequer what assessment he has made of the financial impact of the proposed changes in inheritance tax on (a) single parent families and (b) divorced couples. [159275]
Jane Kennedy: Following the changes to inheritance tax announced by the Chancellor in the pre-Budget report, every individual will benefit from a tax-free allowance of £300,000 whatever their marital status. Previous Budgets have announced that this allowance will rise faster than forecast inflation in each of the next three years reaching £350,000 in April 2010.
Inheritance Tax: Hampshire
Mr. Hancock: To ask the Chancellor of the Exchequer how much inheritance tax was collected from residents of Hampshire in each year since 1997 in ( a) cash and (b) real terms. [158814]
Jane Kennedy: Figures for amounts of inheritance tax collected are not available at local levels.
Inheritance Tax: Tax Yields
Mr. Roger Williams: To ask the Chancellor of the Exchequer what revenue was received by the Treasury from inheritance tax in each of the last three years, broken down by constituency. [158084]
Jane Kennedy: Information on total inheritance tax receipts is published by HMRC at:
Figures are not available for inheritance tax received at local levels.
Members: Correspondence
John Barrett: To ask the Chancellor of the Exchequer when he will reply to the letters of 21 May and 31 July 2007 from the hon. Member for Edinburgh, West in relation to his constituent Mrs. Deborah Karimi. [158769]
Jane Kennedy: I have replied to the hon. Member.
Microgeneration: Finance
Helen Southworth: To ask the Chancellor of the Exchequer if he will bring forward fiscal measures to encourage UK businesses to develop production of microgeneration for supply of energy for domestic and commercial consumption. [159100]
Angela Eagle: All taxes are kept under review and any changes are announced by the Chancellor as part of the Budget process.
The Government have introduced a number of measures in support of microgeneration including reduced VAT on installations; access to renewable obligation certificates; and tax exemptions for revenues earned from domestically generated electricity exported to the grid. Further to this, the Government announced, at pre-Budget report 2007, that microgeneration investments will not be included in ad hoc re-assessments of business rates liability from 2008, subject to state aid clearance.
The Government have also set out, in their Microgeneration Strategy and Energy White Paper, measures to help support and develop the microgeneration industry.
Personal Income
Mr. Laurence Robertson: To ask the Chancellor of the Exchequer how many households have total income in excess of £50,000 per year; and what percentage of all households that figure represents. [157393]
Mr. Plaskitt: I have been asked to reply.
We estimate that there are 4.3 million households in the UK with total gross annual income in excess of £50,000. This is 17 per cent. of all households in the UK.
Source:
Family Resources Survey, UK 2005-06
Stamp Duties
Mr. Pickles: To ask the Chancellor of the Exchequer pursuant to the answer of 10 September 2007, Official Report, column 1980W, on stamp duties, what estimate his Department has made of the proportion of first time buyers who were exempt from stamp duty land tax in (a) 1996 and (b) 1997. [158061]
Kitty Ussher: No estimate has been made of the proportion of first time buyers who were exempt from stamp duty (the forerunner to stamp duty land tax) in 1996 or 1997.
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