§ 37. Mr. Ian Stewartasked the Chancellor of the Exchequer if he will make a statement about the relative effect of the Budget proposals on differentials in take-home pay, after deduction of income tax and national insurance contributions, on incomes up to twice average industrial earnings.
§ Mr. Denzil DaviesDetails of the effects of the Budget proposals in 1978–79 on net incomes, taking account of tax, national insurance contributions and child benefit, at various levels of earnings up to £160 were given in the tables attached to the Treasury Press release of 11th April. I do not think a statement is required.