Income Tax

HC Deb 29 October 1986 vol 103 cc138-9W

Mr. Leighton

asked the Chancellor of the Exchequer what was the standard rate of income tax in each year since 1956.

Mr. Norman Lamont

The information is in the table:

Note: Under unification, the standard rate of income tax was replaced in 1973–74 by the basic rate. For years before 1973–74, the figures in brackets show the effect of the standard rate after allowing for earned income relief of 2/9 on the first £4,005 of earned income.