§ Mr. Pardoeasked the Chancellor of the Exchequer what the principal personal income tax allowances would have to be in April 1978 to restore their real value to the value to that of April 1973, assuming an inflation rate of 12 per cent. in the year ending April 1978; and what the cost would be.
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.