HC Deb 13 January 1977 vol 923 cc573-4W
Mr. Newton

asked the Chancellor of the Exchequer if he will publish figures showing for the second weeks in January 1975 and January 1977, respectively, expressed both at annual and weekly rates: (a) the gross income of an employed man earning £5,000 a year in the first of these weeks, subsequently increased only by the maximum allowance under stages one and two of the social contract, (b) his tax liability, assuming a wife and two children under 11 years of age, (c) his national insurance contributions, (d) his mortgage payments, assuming in the first of these weeks a new 20-year loan of twice his annual income, subject to interest at the building society recommended rate, and assuming further that the terminal date of the mortgage has remained unchanged, (e) his net disposable income after deducting items (b) to (d), and (f) his net disposable income at January 1975 prices; and if he will also give similar information based on comparable assumptions for men initially earning £3,000 and £4,000 a year.

Mr. Robert Sheldon

I shall let the hon. Member have a reply as soon as possible.

Forward to