§ Mrs. Sally Oppenheimasked the Chancellor of the Exchequer how much weekly income remains at present to a family with two children under 11 years of age where the father earns the national average industrial wage, after deductions for direct taxation and social security contributions have been made, and allowing for indirect taxation.
§ Mr. Nott£29.98; this is on the basis of average earnings of £35.82 per week, and takes account of payment of income tax and of social security contributions at non-contracted out rates and of receipt of family allowances. The information required to make proper allowance for the incidence of indirect taxation is not available.
§ Mrs. Sally Oppenheimasked the Chancellor of the Exchequer how much 374W weekly income would remain to a family with two children under 11 years of age where the father earns the national average industrial wage, after deductions for direct taxation and social security contributions had been made, and allowing for indirect taxation, if direct and indirect taxation were at the level existing in June 1970.
§ Mr. Nott£28.26, on the same basis as that used in the reply to my hon. Friend's previous Question. It should be noted that had 1970 tax rates remained in force, pre-tax earnings might not be at their present levels.
§ Mrs. Sally Oppenheimasked the Chancellor of the Exchequer how much weekly income would remain to a family with two children under 11 years of age where the father earns the national average industrial wage, after deductions for direct taxation and social security contributions had been made, and allowing for indirect taxation if an additional 10p in the pound were placed on basic rate income tax.
§ Mr. Nott£28.45, on the same basis as that used in the replies to my hon. Friend's two previous Questions. Pre-tax earnings might be different if the basic rate of income tax were other than at its present level.