HC Deb 23 January 1989 vol 145 c376W
Mr. Cox

To ask the Chancellor of the Exchequer what has been the average individual cumulative gain to those earning £25,000 a year as a result of changes in taxation since 1979.

Mr. Norman Lamont

The information for individuals with no reliefs other than the main personal allowance is as follows:

Tax Liability in 1988–89 on earnings of £25,000
1978–79 tax regime indexed for inflation

£

1988–89 tax regime

£

Reduction in tax liability

£

Single person 8,012.50 6,063.00 1.949.50
Married man 7,423.75 5,467.00 1,957.00

Forward to