HC Deb 08 November 1973 vol 863 c221W
Mr. Deakins

asked the Chancellor of the Exchequer what was the percentage change upwards or downwards in the exchange rate for the £ sterling against a weighted average of other currencies, between September 1972 and September 1973.

Mr. Nott

The exchange rate for sterling depreciated by 12.36 per cent. against

Total relief (£m.) Relief by income range (£m.)
Year Number of claims '000 Total premiums £m. Income Tax Surtax Under £1,000 £1,000–£2,000 £2,000–£5,000 Over £5,000
1962–63 110 18 5 ¼ 1
1963–64 100 17 5 ¼ 1
1964–65 95 16 5 ¼ 1
1965–66 110 18 ¼ 1 4
1966–67 125 20 ¼ 2 4
1967–68 140 23 2 ¼ 5
1968–69 140 24 2 ¼ 5
1969–70 123 23 ¼ 1
1970–71 138 27 9 3 ¼
1971–72 155 37 11¼ negligible 3 11½

The figures are derived from the Income Surveys and it is thought that the larger Quinquennial Surveys (1964–65 and 1969–70) give a more accurate estimate than those for intervening years.