§ Mr. Waddingtonasked the Chancellor of the Exchequer (1) how much a married man with two children earning £2,500 a year gross pays in Income Tax; and, from information available to him from international sources, what is the sum 358W paid in tax by a man with the same responsibilities and similar income in France, West Germany and the United States of America, respectively;
(2) how much a married man with two children earning £5,000 a year gross pays in Income Tax; and, from information available to him from international sources, what is the sum paid in tax by a man with the same responsibilities and similar income in France, West Germany and the United States of America respectively;
(3) How much a married man with two children earning £7,500 a year gross pays in Income Tax and surtax; and, from information available to him from international sources, what is the sum paid in tax by a man with the same responsibilities and similar income in France, West Germany and the United States of America, respectively;
(4) how much a married man with two children earning £10,000 a year gross pays in Income Tax and surtax; and, from information available to him from international sources, what is the sum paid in tax by a man with the same responsibilities and similar income in France, West Germany and the United States of America, respectively.
§ Mr. TaverneThe details asked for are given in the table below:—
TAX PAID BY A MARRIED MAN WITH TWO CHILDREN UNDER 11 Annual earnings U.K. France West Germany U.S.A. £ £ £ £ £ 2,500 552 135 316 199 5,000 1,401 633 1,063 745 7,500 2,590 1,444 2,068 1,492 10,000 4,073 2,404 3,190 2,408
359W
- (1) Figures for France, West Germany, and the U.S.A. relate to the tax year 1968; and for the U.K. to 1968–69.
- (2) Incomes and tax in foreign countries have been computed by converting from and to the sterling equivalent at official exchange rates; they do not reflect differences in the cost and standard of living and differing salary levels abroad.
- (3) The U.S.A. figures include State taxes as well as Federal taxes.
- (4) The French figures include surcharges imposed for 1968 but do not include deductible social security contributions.
- (5) The U.K. tax figures include the tax on family allowances for one child (amount for 1968–69 to £42 18s. in addition to the earnings shown).