HC Deb 24 March 1961 vol 637 cc81-2W
Mr. Houghton

asked the Chancellor of the Exchequer what would be the cost in revenue in a full year, at the existing rates of taxation, of raising the personal allowance for single persons from £140 to £150, of raising the wife's special earned income relief from £140 to £150, of raising the personal allowance of married men from £240 to £260, and of widening the lowest reduced rate band from £60 to £100, leaving others unchanged, respectively.

Sir E. Boyle

Based on the year 1960–61, the estimated costs are £22 million, £5 million, £57 million and £127 million. In making each of these estimates, it has been assumed that the change in question is the only one being made.