HC Deb 14 March 1957 vol 566 cc204-5W
Mr. Lewis

asked the Chancellor of the Exchequer what the relative purchasing value of the salaries of Ministers of the Crown of £5,000 per annum would be if, in addition to the estimated purchasing value of £1,810 per annum today, without taking account of taxation, a recipient of this salary was liable for taxation at the normal rates of taxation on the basis of his being a single man, a married man, and a married man with one, two and three children, respectively, claiming the normal marriage and family reliefs.

Mr. P. Thorneycroft

The figures are as follows:

—— Net income after tax, 1937–38 Net income after tax, 1956–57 Equivalent purchasing power of 1956–57 net income, compared with 1937
£ £ £
Single man 3,536 2,673 968
Married, no children 3,556 2,716 983
Married, one child 3,571 2,758 998
Married, two children 3,586 2,801 1,014
Married, three children 3,601 2,843 1,029

Mr. Lewis

asked the Chancellor of the Exchequer to publish in HANSARD a revised table of figures showing how the relative worth of the salaries of Ministers and junior Ministers in receipt of £3,000, £2,000 and £1,500 would be amended from the figures of £1,086, £724 and £543, respectively, if allowance were made for the additional £500 of these Ministers' Parliamentary salaries at today's value of £310, after allowing for taxation at the normal rates, on the basis

—— Single Married Married, one child Married, two children Married, three children
£ £ £ £ £
Ministerial salary £3,000*
Net income after tax, 1937–38 2,311 2,331 2,346 2,361 2,376
Net income after tax, 1956–57 2,123 2,166 2,208 2,251 2,293
Purchasing power compared with 1937 768 784 799 815 830
Ministerial salary £2,000*
Net income after tax, 1937–38 1,623 1,643 1,658 1,673 1,688
Net income after tax, 1956–57 1,698 1,741 1,783 1,826 1,868
Purchasing power compared with 1937 614 630 645 661 676
Ministerial salary £1,500*
Net income after tax, 1937–38 1,248 1,268 1,283 1,298 1,313
Net income after tax, 1956–57 1,458 1,501 1,543 1,586 1,628
Purchasing power compared with 1937 528 543 559 574 589
* The figures for the net income after tax in 1956–57 and for the equivalent purchasing power allow for the £500 of Parliamentary salary in addition to the salary as a Minister. To maintain comparability it has been assumed that no deduction is claimed for expenses.