§ Sir B. Rhys Williamsasked the Chancellor of the Exchequer if he will publish tables showing the change in net annual income for married couples with wholly earned incomes over a standard range between £500 and £5,000 a year having one child, two, three, four and 10 children under 11 years of age resulting from the ending of family and child tax 467W allowances and the introduction of positive tax-free benefits of £60 for the first and £80 per annum for subsequent children.
Earnings per annum Change in net annual income Married 1 child Married 2 children Married 3 children Married 4 children Married 10 children £ £ £ £ £ £ 500 … … … +60.00 +93.20 +121.20 +149.20 +317.20 750 … … … +14.15 +47.35 +75.35 +103.35 +271.35 1,000 … … … -.06 +3.46 +3.34 +28.00 +196.00 1,500 … … … -.06 +3.46 +3.34 +3.22 +45.30 2,000 … … … -.06 +3.46 +3.34 +3.22 +2.53 3,000 … … … -.06 +3.46 +3.34 +3.22 +2.53 4,000 … … … -.06 +4.62 +5.96 +7.36 +15.34 5,000 … … … -.06 +4.77 +6.11 +7.45 +15.49 Notes: It is assumed that the rates and allowances are those in force for 1971–72.