§ Colonel Stoddart-Scottasked the Chancellor of the Exchequer the increased amount of net income retained after deduction of Income Tax and Surtax, by a married man, whose income has been increased from £6,000 to £7,500 during the present financial year; and what is its
At 1913–14 rates At 1938–39 rates At 1944–45 rates At 1954–55 rates Gross Earned Income Net income after tax Net income after tax Equivalent at 1914 prices Net income after tax Equivalent at 1914 prices Net income after tax Equivalent at 1914 prices £ £ £ £ £ £ £ £ 1,000 … 962 855 548 649 252 822 216 2,000 … 1,925 1,608 1,031 1,174 457 1,472 387 5,000 … 4,708 3,446 2,209 2,193 853 2,612 686 6,000 … 5,575 3,978 2,550 2,443 950 2,887 758 7,500 … 6,950 4,736 3,036 2,761 1,074 3,224 847 10,000 … 9,242 5,888 3,775 3,168 1,233 3,687 968 20,000 … 18,408 9,976 6,395 3,855 1,500 4,412 1,159 50,000 … 45,908 20,451 13,110 4,605 1,792 5,912 1,553 100,000 … 91,742 36,076 23,126 5,855 2,278 8,412 2,209 The figures for the equivalent purchasing power in 1914 are based on the Cost of Living Index for the period 1914 to 1938 and on the Consumer Price Index thereafter.