§ Mr. Wrigglesworthasked the Chancellor of the Exchequer by how much a single person will benefit from increasing the single person's tax allowance from £805 to £860 at the following income levels: £1,500 per annum, £2,000 per annum, £3,000 per annum, £4,000 per annum, £5,000 per annum, £7,500 per annum, £10,000 per annum, £15,000 per annum, and £20,000 per annum.
§ Mr. Robert SheldonAssuming a basic rate of income tax of 33 per cent., the figures are as follows:
Annual income Annual benefit from an increase of £55 in the single persons tax allowance £ £ 1,500 18.15 2,000 18.15 3,000 18.15 4,000 18.15 5,000 18.15 7,500 22.00 10,000 30.25 15,000 38.50 20,000 41.25
§ Mr. Wrigglesworthasked the Chancellor of the Exchequer by how much an average family will benefit from increasing the married couples' tax allowance from £1,225 to £1,270 at the following income levels: £1,500 per annum, £2,000 per annum, £3,000 per annum, £4,000 per annum, £5,000 per annum, £7,500 526W per annum, £10,000 per annum, £15,000 per annum, and £20,000 per annum.
§ Mr. Robert SheldonAssuming a basic rate of income tax of 33 per cent. the figures for a family with two children are as follows:
Annual income Annual benefit from an increase of £45 in the married persons tax allowance £ £ 1,500 Nil 2,000 14.85 3,000 14.85 4,000 14.85 5,000 14.85 7,500 14.85 10,000 30.25 15,000 38.50 20,000 41.25