HC Deb 19 January 1970 vol 794 c60W
Sir W. Bromley-Davenport

asked the Chancellor of the Exchequer what investment income he estimates to be necessary now to give the equivalent purchasing power, after payment of income tax and surtax, of an investment income in 1939 of £500 a year, £1,000 a year, £2,000 a year, £3,000 a year, £5,000 a year, £7,000 a year and £10,000 a year, respectively.

Mr. Taverne

For a married man with one child under 11, the figures at present tax rates are £2,548, £5,730, £23,620, £47,560, £88,285, £121,856, and £164,233 respectively.

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