§ Mr. Pardoeasked the Chancellor of the Exchequer what the net after-tax value of the child tax allowance was for one child, not over 11 years of age, to a married couple having the average in, come; and what it was as a percentage of the net after-tax income of a childless married couple having the average income, in 1948, 1960, 1970, and the latest financial year.
§ Mr. Patrick JenkinThe figures are:
Value of child allowance Value of child allowance as percentage of average income after tax of a childless couple £p % 1948–49 16.86 4.8 1960–61 31.25 4.4 1970–71 47.44 3.9 1971–72 60.06 4.4 NOTE: The average incomes used are the annual equivalent of average weekly earnings of males aged 21 and over in manufacturing and certain other industries at October of each year.