HC Deb 24 February 1977 vol 926 c687W
33. Mr. Skinner

asked the Chancellor of the Exchequer if he is satisfied with the current rate of inflation; and if he will make a statement.

Mr. Healey

As I have told my hon. Friend on many occasions, I shall not be

Income tax threshold as a percentage of average earnings for:
Single person percentage Married couple percentage Married couple with 2 children not over 11 percentage
April 1972 31.0 40.5 57.1
April 1973 27.3 35.6 50.1
April 1974 25.2 34.9 51.2
April 1975 21.3 30.2 42.7
April 1976 19.7 29.1 42.8
November 1976 18.4 27.1 40.0

Average earnings are the New Earnings Survey estimates of the average earnings of full-time adult males at April of each year, except for November 1976 where the April 1976 NES figure has been updated by the Index of Average Earnings to give the latest available figure.

For the married couple with two children family allowance has been included in the earnings figure and the tax threshold used takes account of the family allowance deduction ("claw-back").

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