HC Deb 02 May 1974 vol 872 c508W
Mr. Atkinson

asked the Chancellor of the Exchequer what would be the estimated cost of exempting from income tax all married couples whose total incomes did not exceed £1,250 in any one year and all single people with total incomes not exceeding £950 a year assuming these special personal reliefs were not extended to incomes above these amounts.

Dr. Gilbert

The estimated cost for 1974–75, assuming that no marginal relief was given, is about £80 million.