HC Deb 20 March 1986 vol 94 cc284-5W
Mr. Frank Field

asked the Chancellor of the Exchequer if, expressing the tax threshold as 100 in 1955–56, he will measure the increase in the threshold at the latest available date for a single person, married couple and a married couple with two and four children.

Mr. Moore

[pursuant to his reply, 10 March 1986, c. 390]: Information based on the Budget proposals for 1986–87 is in the table. Since child tax allowances were

Income tax thresholds Break even points
1955–56 1986–87 1955–56 1986–87
At current prices £ At 1986–87 prices* £ At current prices £ Index (1955–56=100) At current prices £ At 1986–87 prices* £ At current prices £ Index (1955–56=100)
Single 191 1,675 2,335 139 191 1,675 2,335 139
Married couple
No children 320 2,805 3,655 130 320 2,805 3,655 130
Two children 556 4,875 3,655 75 709 6,215 6,190 100
Four children 772 6,765 3,655 54 1,119 9,805 8,725 89
* Assuming an increase of 3½ per cent, in the RPI between 1985–86 and 1986–87.