Asked by: Duncan Hames (Liberal Democrat - Chippenham)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many people in (a) Wiltshire, (b) London and (c) the UK paid inheritance tax in each of the last four years for which figures are available.
Answered by David Gauke
These figures are publically available in table 12.10 of Inheritance Tax Official Statistics. The latest version for estates left as a result of deaths in 2011-12 is published at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/338989/140729Table12-10DUChecked.pdf.
Asked by: Duncan Hames (Liberal Democrat - Chippenham)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many people paying higher rate tax had taxable income below £50,000 in the last year for which figures are available.
Answered by David Gauke
The numbers of taxpayers paying tax at the higher rate by income range are published in the HMRC National Statistics table 2.5. This is available on the internet at the following address;
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/306857/Table_2.5.pdf
These estimates are based on the Survey of Personal Incomes (SPI) outturn data up to 2011-12, and then projected to 2014-15 in line with the Office for Budget Responsibility's March 2014 economic and fiscal outlook.
Asked by: Duncan Hames (Liberal Democrat - Chippenham)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what revenues have been received under the bank levy in each year since its introduction.
Answered by Andrea Leadsom
The bank levy, a permanent tax on banks' balance sheet equity and liabilities, was introduced by this Government from 1 January 2011.
It raised £1.6bn in both 2011-12 and 2012-13.
Following a number of increases to the headline rate, the OBR now forecast it to raise £2.3bn in 2013-14, £2.7bn in 2014-15 and £2.9bn a year from 2015-16.