HC Deb 23 June 1969 vol 785 c204W
Mr. Pardoe

asked the Chancellor of the Exchequer what estimate he has made of the cost to the revenue of relieving from income tax all those with incomes of less than £1,000 per annum.

Mr. Harold Lever

Treating wives with earnings separately, this would cost about £850 million for 1969–70, leaving aside the very heavy extra cost of any marginal provision to secure that people with £1,000 and over were not left worse off than people with just under £1,000.