§ Mr. Maurice Macmillanasked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the post-tax income of a married couple with one child, whose pre-tax income was (i) £1,000 per annum (ii) £2,000 per annum (iii) £3,000 per annum (iv) £4,000 per annum (v) £5,000 per annum (vi) £6,000 per annum (vii) £7,000 per annum (viii) £8,000 per annum (ix) £9,000 per annum (x) £10,000 per annum (xi) £11,000 per annum (xii) £12,000 per annum (xiii) £15,000 per annum (xiv) £20,000 per annum (xv) £25,000 per annum on 1st April 1976; and what the equivalent pre-tax incomes would have to have been on 1st April 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974 and 1975 for the married couple to have had the same post-tax purchasing power as measured by the Retail Price Index in each of those years, showing also the post-tax income in each of those years, assuming that the child was aged 18 years in each year and that there were no mortgage or insurance allowances or dependent relative allowances.
§ Mr. Robert SheldonThis information is not readily available and could only be provided for the full range of years at disproportionate cost. The information for some of the years in question is shown in the table below.
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(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Pre-tax income in 1976–77 Post-tax income in 1976–77 Income after tax revalued at April 1964 prices Gross income required to give net in col. 3 Income after tax revalued at April 1969 prices Gross income required to give net in col. 5 Income after lax revalued at April 1974 prices Gross income required to give net in col. 7 Income after tax revalued at April 1975 prices Gross income required to give net in col. 9 £ £ £ £ £ £ £ £ £ £ 1,000 … … 1,000 360 360 447 477 691 691 841 841 2,000 … … 1,807.50 651 651 809 884 1,249 1,288 1,520 1,660 3,000 … … 2,457.50 886 944 1,099 1,247 1,699 1,960 2,067 2,502 4,000 … … 3,107.50 1,120 1,270 1,390 1,676 2,148 2,630 2,614 3,343 5,000 … … 3,757.50 1,354 1,605 1,681 2,104 2,597 3,300 3,160 4,183 6,000 … … 4,407.50 1,588 1,940 1,972 2,533 3,047 3,971 3,707 5,025 7,000 … … 5,027.50 1,812 2,261 2,249 2,940 3,475 4,610 4,228 5,832 8,000 … … 5,575.00 2,009 2,543 2,494 3,301 3,854 5,176 4,689 6,631 9,000 … … 6,072.50 2,188 2,799 2,717 3,629 4,198 5,691 5,107 7,404 10,000 … … 6,520.00 2,350 3,031 2,917 3,924 4,507 6,191 5,484 8,158 11,000 … … 6,920.00 2,494 3,237 3,096 4,201 4,783 6,675 5,820 8,893 12,000 … … 7,292.50 2,628 3,429 3,262 4,463 5,041 7,128 6,133 9,630 15,000 … … 8,265.00 2,979 3,931 3,697 5,150 5,713 8,442 6,951 11,734 20,000 … … 9,587.50 3,455 4,612 4,289 6,223 6,627 10,532 8,063 15,187 25,000 … … 10,553.50 3,803 5,111 4.721 7,106 7,295 12,251 8,876 18,224 Notes:
1. The price index used is the General Index of Retail Prices—All items, at April of each year.
2. The tax rates and allowances used are those in force on 6th April in the relevant year.
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