HC Deb 21 March 1985 vol 75 c598W
37. Mr. Corbyn

asked the Chancellor of the Exchequer what proportion of a worker's salary on an average industrial wage, was paid in income tax at the standard rate in May 1979, June 1983 and at March 1984.

Mr. Moore

Information is in the table. It is assumed that no tax reliefs or allowances other than the personal allowance are available.

Mr. Peter Rees

There have been many pointers to continuing increases in economic activity. GDP (output measure) grew by 1 per cent. beween the third and fourth quarters of 1984 and the volume of non-oil exports grew by 3½ per cent. in the three months to January on the previous three months. The latest CBI trends inquiry suggests continuing growth in manufacturing output. The DTI investment intentions survey suggests that business investment will grow substantially in 1985 comfortably to exceed 1984's record level.

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