HC Deb 18 December 1970 vol 808 cc521-2W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will give for a man and wife whose earned income is £17,500 per annum the amount of tax and surtax payable at the present and on 1st January, 1971; what it will be after April next on the implementation of the tax reduction as proposed by the recent mini-Budget; and if he will give similar details for a couple on £20,000 per annum.

Mr. Patrick Jenkin

Assuming that all the income is earned by the husband the figures are:

Earnings per annum
£ s. d. £ s. d.
17,500 0 0 20,000 0 0
Income tax and surtax payable in:—
1970–71 10,294 6 3 12,546 6 3
1971–72* 9,897 13 9 12,086 13 9
* On the basis of current personal allowances and surtax rates.

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