HC Deb 23 October 1956 vol 558 c457
4. Mr. McKay

asked the Chancellor of the Exchequer what was the balance of income left after Income Tax and Surtax to a single man, a married man, and a married man with two children on incomes of £180 in 1938, £314 in 1946, £359 in 1948, and £580 in 1955–56.

Mr. H. Macmillan

as the reply contains a number of figures, I will, with permission, circulate it in the OFFICIAL REPORT.

Following is the Reply :

Year Gross income Net income after tax
Single Man Married Man Married man with two children
£ £ £ £
1938 180 176 180 180
1946 314 266 293 314
1948 359 313 334 359
1955 580 504 537 579

The figures in this table are on the assumption that the income is all earned and that the rates of tax are those applicable for 1938–39, 1946–47, 1948–49 and 1955–56, respectively.