HC Deb 24 May 1968 vol 765 cc149-50W
Mr. Lubbock

asked the Chancellor of the Exchequer if he will publish a table of figures sufficient to enable a graph to be constructed, showing for a taxpayer with no unearned income and with only child and personal allowances, the gross income and the change in income between 1967–68 and 1968–69 resulting from the increased family allowances and reduced Income Tax allowances for children, for families with two, three, four, and five children, respectively, up to a maximum gross income of £3,000.

Mr. Harold Lever

If the net benefit (i.e. the increase in family allowances less the increase in tax) is plotted against the gross earnings for the points given in the table below, the straight lines joining neighbouring points, with horizontal lines at the ends, give the graph required for each family circumstance.

TABLE
Earnings Increase in net income 1968–69 over 1967–68
£ s. d. £ s. d.
Married man with 2 children 643 13 0 22 2 0
712 1 0 11 9 0
772 5 0 11 9 0
840 13 0 6 3 0
1,029 8 0 6 3 0
1,097 15 0 3 0
Married man with 3 children 697 3 0 44 4 0
825 14 0 24 4 0
833 18 0 22 6 0
962 10 0 12 6 0
1,082 17 0 12 6 0
1,219 13 0 6 0
Married man with 4 children 750 12 0 60 11 0
879 4 0 40 11 0
950 0 0 24 0 0
1,078 12 0 14 0 0
1,136 7 0 14 0 0
1,335 15 0 −3 8 0
Married man with 5 children 804 2 0 76 18 0
932 13 0 56 18 0
1,066 3 0 25 15 0
1,189 16 0 16 3 0
1,194 14 0 15 7 0
1,451 17 0 −7 3 0