HC Deb 22 February 1983 vol 37 cc397-8W
Mr. Campbell-Savours

asked the Chancellor of the Exchequer if he will list the powers of Her Majesty's Government to impose, directly or indirectly, conditions on loans made by British banks and licensed deposit-taking institutions to foreign borrowers.

Proportion of average earnings*
Half £ per week Three quarters £ per week One £ per week One and a half £ per week
Gross earnings in May 1978 45.50 68.25 91.00 136.50
Gross earnings in January 1983, with equivalent purchasing power after tax, NIC and child benefit
Single person 80.20 117.70 155.10 231.20
Married man without children 81.40 118.90 156.30 232.30
Married man with two children under 11 79.80 117.70 155.10 231.20
* For full-time males.

The calculations assume that the taxpayer has no reliefs other than the appropriate personal allowances and that he or she is not contracted-out of the state—earnings-related—pension scheme.

Mr. Hannam

asked the Chancellor of the Exchequer what is the amount of income tax paid in (a) each of the last two financial years and the latest published estimate of the amount that will be paid in 1982–83 and (b) the financial years 1977–78 and 1978–79, in each case divided by the number of households in the United Kingdom.

Mr. Ridley

The information is as follows:

Net payment of income tax and surtax per household £
1977–78 877
1978–79 933
1979–80 1,020
1980–81 1,191
1981–82 1,395
1982–83* 1,470
* Provisional.

Mr. Bruce-Gardyne

None other than in exceptional circumstances.

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