Net Earnings

HC Deb 29 April 1988 vol 132 cc318-9W

Mr. Kirkwood

To ask the Chancellor of the Exchequer if he will update to 1988–89 the information on real net earnings provided in his reply of 10 April 1986 to the hon Member for Birkenhead (Mr. Field),Official Report. columns 193–4.

Mr. Norman Lamont

The information on real net earnings and average rates of tax and national insurance contributions is in the tables.

	Multiples of average earnings
	2/3	1	2	5	10
1956–57 Tax	5.1	11.2	22.0	38.9	54.2
Tax + NIC	8.6	13.5	23.1	39.4	54.4
1978–79 Tax	15.4	21.3	27.2	48.8	65.7
Tax + NIC	21.9	27.8	31.4	50.5	66.5
1988–891 Tax	12.9	17.0	22.2	32.9	36.4
Tax + NIC	21.9	26.0	27.8	35.1	37.6

Changes in Real Net Earnings after Income Tax and NIC (1956–57= 100)
	Multiples of average earnings
	2/3	1	2	5	10
Single
1978–79	124.9	125.3	132.8	120.1	108.3
1988–891	160.2	164.1	176.6	202.7	260.2
Married
1978–79	126.8	123.9	132.4	121.1	109.0
1988–891	159.9	160.3	175.8	200.2	256.4
1 Provisional.