HC Deb 21 December 1981 vol 15 cc301-2W
Mr. Squire

asked the Chancellor of the Exchequer what would be the net cost of increasing the married man's tax allowance by a sufficient amount to provide a weekly gain in net income of (a) 80p, (b) 90p, (c) £1, (d) £1.10, (e) E1.90 (f) £2; and in each case what would be the increase in the annual married man's tax allowance.

Mr. Ridley

The information is as follows. Costs are full year costs at 1981–82 income levels.

Weekly gain in net income Cost £m Increase in married man's allowance, £ per annum
(a) 80p 480 139
(b) 90p 540 156
(c) £1 590 173
(d) £1.10 660 191
(e) £1.90 1,130 329
(f) £2 1,190 347

The increase in the level of the allowance is that required to give a basic rate taxpayer eligible for the married man's allowance the specified gain in net income.