§ Mr. McKayasked the Chancellor of the Exchequer how much of the 6s. 9d. per week or £17 11s. a year paid as contributions to National Insurance is free from Income Tax; and what would be the amount of tax relief in the case of a 74W married man with £10 per week, and a married man with £40 per week arising from the insurance contribution.
§ Mr. P. ThorneycroftThe portion of the National Insurance contribution of 6s. 9d. payable by an adult male employee which is allowable as a deduction for tax purposes is 4s. 4d. per week or £11 6s. 8d. a year. The corresponding reduction in tax in the case of a married man without children with an income wholly earned, of £520 (£10 per week) is £2 2s. 9d. and for an earned income of £2,080 (£40 a week) is £6 6s. 0d.