§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will publish a table showing the income tax liability in 1974–75 of a single man, a married man with no children and a married man with one, two, three and four children earning for each set of family circumstances £25, £30, £35, £40, £45 and £50 per week; and if he will also show the comparable tax 61W liability for 1975–76 for men in similar family circumstances but assuming wage increases of 20 per cent. in each case.
INCOME TAX (£) 1974–75
Weekly earnings Single man Married man (No children) Married man (1 child) Married man (2 children) Married man (3 children) Married man (4 children) £25 … … … 222.75 143.55 64.35 17.75 — — £30 … … … 308.55 229.35 150.15 103.55 58.67 13.79 £35 … … … 394.35 315.15 235.95 189.35 144.47 99.59 £40 … … … 480.15 400.95 321.75 275.15 230.27 185.39 £45 … … … 565.95 486.75 407.55 360.95 316.07 271.19 £50 … … … 651.75 572.55 493.35 446.75 401.87 356.99
INCOME TAX [£] 1975–76 Weekly earnings Single man Married man (No children) Married man (1 child) Married man (2 children) Married man (3 children) Married man (4 children) £30 … … … 309.75 211.75 127.75 89.25 50.75 12.25 £36 … … … 418.95 320.95 236.95 198.45 159.95 121.45 £42 … … … 528.15 430.15 346.15 307.65 269.15 230.65 £48 … … … 637.35 539.35 455.35 416.85 378.35 339.85 £54 … … … 746.55 648.55 564.55 526.05 487.55 449.05 £60 … … … 855.75 757.75 673.75 635.25 596.75 558.25
§ Mr. Ralph Howellasked the Chancellor of the Exchequer what was the income tax liability in 1974–75 for a married couple with two children not over 11 years of age earning (a) £1,500, (b) £2,000, (c) £2,500, (d) 3,000, (e) £3,500 and (f) £4,000; and what will be their tax liability in 1975–76 assuming that their earnings have increased by 20 per cent.
§ Mr. Robert SheldonThe figures are as follows:
1974–75 Gross earnings Income tax £ £ 1,500 … … … … 83.75 2,000 … … … … 248.75 2,500 … … … … 413.75 3,000 … … … … 578.75 3,500 … … … … 743.75 4,000 … … … … 908.75
1975–76 Gross earnings Income tax £ £ 1,800 … … … … 173.25 2,400 … … … … 383.25 3,000 … … … … 593.25 3,600 … … … … 803.25 4,200 … … … … 1,013.25 4,800 … … … … 1,223.25
§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will publish a table comparing the maximum number of weeks for which an unemployed man with a wife and two children not over 11 years of age could receive income tax rebates in 1974–75 and 1975–76, assum-
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§ Mr. Robert SheldonAssuming that all children are under 11, the figures are as follows:
ing wages of £30, £40 and £50 in 1974–75 and that these wages are in each case 30 per cent. higher this year.
§ Mr. Robert SheldonThe approximate weekly rates of income tax rebate in 1974–75 and 1975–76 for a married man with two children not over 11 are £7.95 and £8.80* respectively.
The figures are:
Weekly earnings (£) Maximum number of weeks for which rebate will run 1974–75 1975–76 1974–75 1975–76 30 39 10 18 40 52 20 26 50 65 27 31 * Assuming allowances and rates of tax proposed for 1975–76.
§ Mr. Tebbitasked the Chancellor of the Exchequer how many people are now income tax payers; what was the equivalent figure in 1965; and how many people he estimates have been removed from or added to the number of taxpayers in each Budget since then.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 23rd May 1975; Vol. 892, c. 665], supplied the following information:
Counting earning wives who pay tax separately from their husbands, it is estimated that there will be 24.3 million income tax payers in 1975–76. There were 63W 21.8 million in 1965–66. The numbers becoming liable to pay tax (+) or ceasing to be taxpayers (-) as a result of changes in allowances etc. in each Budget since 1965 are shown below. These figures do not show year-on-year changes, but are the differences between the number estimated to be liable to pay tax in each of the years shown before and after the Budget changes. The estimates are those made at the time of each Budget based on the income projections then in use.
million 1965–66 … … … — 1966–67 … … … — 1967–68 … … … — 1968–69 … … … +0–3 1969–70 … … … -11 1970–71 … … … -1.9 1971–72 … … … -0.;3 1972–73 … … … -2.75 1973–74 … … … — 1974–75 … … … -1.5 1975–76* … … … -0.7 (*) The 1975–76 figure includes the effects of both the November 1974 Budget and the proposed changes in the April 1975 Budget.