§ 22. Mr. Ralph Howellasked the Chancellor of the Exchequer if he is aware that a man with a wife and two children, with an income of £30.00 a week, has £26.15 spending power when at work and £28.30 for the first 14 weeks when not at work ; and whether he will take action to change this situation.
§ Mr. NottThe general situation to which my hon. Friend draws attention is certainly very undesirable but in practice it can only arise for limited ranges of incomes and for limited periods. It will be corrected by the tax credit scheme.
§ Mr. Meacherasked the Chancellor of the Exchequer, in the case of married men with two children under 11 years of age earning, respectively, £1,000, £2,000, £3,000, £5,000, £8,000, £10,000, and £20,000 a year in October 1970, what are their respective take-home pay, net of tax and national insurance contribution, both at current prices and in real terms at October 1970 prices, at October in 1971, 1972, and 1973. respectively.
§ Mr. Meacherasked the Chancellor of the Exchequer what was the take-home pay in real terms at October 1970 prices of a married man with two children under 11 years of age, after deductions of income tax and national insurance and assuming all income is earned, in the years 1970–71, 1971–72, 1972–73 and 1973–74, respectively, where he earned 136W £1,000, £2,000, £5,000, £10,000, and £20,000, respectively ; and, in each case, what was the percentage annual change in post-tax real income for each year.
§ Mr. Meacherasked the Chancellor of the Exchequer in what way the annual take-home pay figures for 1973–74 given by him on 10th December (column 45–46) are affected by his subsequent statement