HC Deb 25 July 1967 vol 751 cc103-4W
Mr. Brooks

asked the Chancellor of the Exchequer when he will reply to the recommendation of the Committee of Public Accounts that the Comptroller and Auditor General should have access to university accounts.

Mr. Diamond

A Treasury minute will be issued in the autumn in reply to all the reports of the Committee of Public Accounts for the 1966–67 Session. The

Net Income
Earned Income 1963–64 and 1964–65 1965–66 1966–67
£ £ s. d. £ s. d. £ s. d.
520 507 19 8 502 17 8 502 11 2
780 751 18 8 746 8 8 745 9 2
1,040 952 6 8 946 12 8 945 6 8
1,300 1,140 8 11 1,131 5 11 1,129 2 7
1,560 1,322 3 5 1,307 19 5 1,305 5 3
2,500 1,978 18 2 1,946 8 8 1,943 14 6
3,000 2,328 3 5 2,285 19 5 2,283 5 3
5,000 3,681 8 8 3,597 10 2 3,594 16 0
10,000 6,144 13 5 5,860 8 8 5,939 11 3
20,000 8,081 17 11 7,124 12 11 7,622 18 9
Notes:
(1) The figures relate to accruals of tax. Thus the surtax surcharge of 10 per cent. (which appears at the £10,000 and £20,000 levels of earnings) although payable in September, 1967, is shown as relating to 1965–66 income.
(2) It is assumed that the taxpayer was not contracted out of the National Insurance graduated pension scheme.

Government's intentions on the recommendation regarding university accounts will be announced in a statement which my right hon. Friend the Secretary of State for Education and Science hopes to make later this week.

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