Treasury written question – answered on 25th June 2007.
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To ask the Chancellor of the Exchequer what estimate he has made of the likely net effect on annual Treasury revenues of a four pence reduction in the basic rate of income tax.
The Exchequer effect of a 4p reduction in the basic rate of income tax can be derived from table 1.6 'Direct effects of illustrative tax changes' on the HM Revenue and Customs website at
Yes1 person thinks so
No0 people think not
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