HC Deb 21 March 1967 vol 743 c230W
Mr. Albu

asked the Chancellor of the Exchequer what is the value of the net income, after tax, of a married man with two children in receipt of each of the salaries announced for the members of the Steel Board, on the assumption that this is his sole income.

Mr. MacDermot

On the further assumption that both children are under 11, the figures, taking current Income Tax and Surtax rates (ignoring the Surtax surcharge), are as follows:

Question. The estimated aggregate wealth of the remaining one-third is about £3,600 million.