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Departmental Policies

(Meirionnydd Nant Conwy)

Mr. Martyn Jones: To ask the Chancellor of the Exchequer if he will set out, with statistical information relating as directly as possible to the Meirionnydd Nant Conwy constituency, the effects on Meirionnydd Nant Conwy of his Department's policies and actions since 2 May 1997. [154933]

Miss Melanie Johnson: Meirionnydd Nant Conwy, along with the rest of the United Kingdom, is benefiting from the long-term action we have taken to build economic stability and secure high and stable levels of growth and employment. Since the general election, claimant unemployment in the constituency has fallen by 179, or 14 per cent., youth unemployment is down by 77 per cent., and long-term unemployment has fallen by 53 per cent.

Macro-economic stability is being complemented at the micro-economic level by the Government's policies to ease the transition from welfare into work and to make work pay. To the end of December 2000, the New Deal for 18 to 24-year-olds had helped 443 young people in Meirionnydd Nant Conwy constituency gain valuable skills and experience--253 (57 per cent.) of whom had moved into employment. The Working Families Tax Credit (WFTC), introduced in October 1999, is helping to make work pay for low and middle income families. In August 2000, 1,000 families in Meirionnydd Nant Conwy constituency were benefiting from WFTC.

The Government are also committed to policies which enable pensioners to share in the country's rising prosperity. All pensioners, including 10,600 in Meirionnydd Nant Conwy, will receive an above-inflation increase in the basic state pension from April 2001. Single pensioners will receive an extra £5 a week, and couples will receive an extra £8 a week. All pensioners aged 75 or over have also been entitled to a free TV licence since November 2000--including around 6,400 in Meirionnydd Nant Conwy.

Departmental Policies (Caernarfon)

Mr. Martyn Jones: To ask the Chancellor of the Exchequer if he will set out, with statistical information relating as directly as possible to the Caernarfon constituency, the effects on Caernarfon of his Department's policies and actions since 2 May 1997. [154932]

Miss Melanie Johnson: Caernarfon, along with the rest of the United Kingdom, is benefiting from the long-term action we have taken to build economic stability and secure high and stable levels of growth and employment. Since the general election, claimant unemployment in the constituency has fallen by 708, or 30 per cent., youth unemployment is down by 90 per cent., and long-term unemployment has fallen by 57 per cent.

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Macro-economic stability is being complemented at the micro-economic level by the Government's policies to ease the transition from welfare into work and to make work pay. To the end of December 2000, the New Deal for 18 to 24-year-olds had helped 818 young people in Caernarfon constituency gain valuable skills and experience--497 (61 per cent.) of whom had moved into employment. The Working Families Tax Credit (WFTC), introduced in October 1999, is helping to make work pay for low and middle income families. In August 2000, 2,000 families in Caernarfon constituency were benefiting from WFTC.

The Government are also committed to policies which enable pensioners to share in the country's rising prosperity. All pensioners, including 13,400 in Caernarfon, will receive an above-inflation increase in the basic state pension from April 2001. Single pensioners will receive an extra £5 a week, and couples will receive an extra £8 a week. All pensioners aged 75 or over have also been entitled to a free TV licence since November 2000--including around 8,900 in Caernarfon.

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Tax Liabilities

Mr. Matthew Taylor: To ask the Chancellor of the Exchequer (1) what estimate he has made of (a) the number and (b) the proportion of taxpayers in 2000-01 who have income tax liabilities from (i) dividends income and (ii) savings income; and what the mean and median of liabilities are; [149606]

Miss Melanie Johnson: Estimates for 2000-01 are given in the table.

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2000-01 Liabilities

Million
Number
(1a) The number of taxpayers who have income tax liabilities from dividends income of less than £505.5
(1b) The number and proportion of taxpayers who do not have liability to income tax from dividends income20.5 (73%)
(2a) The number of people who have income tax liabilities from savings income of less than £5014.75
(2b) The number and proportion of taxpayers who do not have liability to income tax from savings income8.5 (30%)

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2000-01 Liabilities

Number (Million)Proportion of all taxpayers (Percentage)Mean tax liability from savings/ dividends (£)Median tax liability from savings/ dividends (£)
(3i) Taxpayers with income tax liabilities from dividends income7.5273706
(3ii) Taxpayers with income tax liabilities from savings income19.57024012

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These estimates are based on the Survey of Personal Incomes (SPI) and are consistent with the November 2000 pre-Budget report.

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Some investment income data from the SPI are based on estimated rather than reported values so are less reliable than other elements of the survey.