HC Deb 19 November 1959 vol 613 c149W
Mr. D. Price

asked the Chancellor of the Exchequer whether he will make a statement about the note issue.

MARRIED MAN WITH TWO CHILDREN
Income all earned
— £400 £500 £1,000 £2,000 £5,000 £10,000
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
1951–52 tax Nil 13 0 0 167 0 0 547 0 0 2,484 10 0 6,534 10 0
1958–59 tax (both children under 11) Nil Nil 85 10 0 414 2 2 1,897 15 3 5,419 5 0
Reduction from 1951–52 Nil 13 0 0 81 10 0 132 17 10 586 14 9 1,115 5 0
Reduction as percentage of 1951–52 tax Per cent. — Per cent. 100 Per cent. 48.8 Per cent. 24.3 Per cent. 23.6 Per cent. 17.1
1958–59 tax (both children over 16) £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Nil Nil 51 15 0 371 12 2 1,832 15 3 5,339 5 0
Reduction from 1951–52 Nil 13 0 0 115 5 0 175 7 10 651 14 9 1,195 5 0
Reduction as percentage of 1951–52 tax Per cent. — Per cent. 100 Per cent. 69.0 Per cent. 32.1 Per cent. 26.2 Per cent. 18.3