§ Mr. Ralph Howellasked the Chancellor of the Exchequer further to his reply to the hon. Member for Norfolk, North Official Report, 2nd February 1977, column 186, if he will publish a table comparing the total net weekly value, at current and at constant prices, of single person's tax allowance, wife's earned income allowance, and married person's tax allowance, in 1938, 1946 and 1976, assuming total earnings, including the wife's where applicable, to be 50 per cent. 100 per cent., 150 per cent., 200 per cent. and 300 per cent. of average male manual earnings in each case.
§ Mr. Robert SheldonThe net weekly values of the allowances are as follows:
1976 the index is the average general index of Retail Prices.
The figures relate to the income tax year commencing in April of each calendar year.
It has been assumed that the wife's earnings are sufficient to qualify for the maximum amount of wife's earned income allowance, and this has been set against the income taxable at the highest marginal rate remaining atfer first setting the married allowance against the highest slice of income.