HC Deb 09 July 1987 vol 119 c257W
Mr. Tim Smith

asked the Chancellor of the Exchequer what would be the cost to the Exchequer of repealing section 37 of the Income Tax and Corporation Taxes Act 1970.

Mr. Norman Lamont

[pursuant to his reply, 7 July 1987, c. 83]: This would depend on the levels of allowances available to husbands and wives, the rules of distinguishing a wife's income from that of her husband, and any transitional provisions following the change.