§ Mr. Canavanasked the Chancellor of the Exchequer what is the estimated total amount of income tax saved by all owner-occupiers because of tax allowances by virtue of mortgages held (a) in Scotland,
Annual amounts in£ November 1960 November 1965 November 1970 November 1974 November 1975 Single householder: Supplementary benefit … 546 614 686 853 983 Tax threshold … 193 283 418 625 675 Married couple: Supplementary benefit … 637 742 858 1,126 1,339 Tax threshold … 322 437 598 865 955 Married couple, 1 child: Supplementary benefit … 679 801 936 1,251 1,500 Tax threshold … 450 585 746 1,105 1,195 Married couple, 2 children: Supplementary benefit … 720 859 1,014 1,375 1,661 Tax threshold … 579 733 840 1,293 1,383 Married couple, 3 children: Supplementary benefit … 770 929 1,108 1,526 1,856 Tax threshold … 707 881 934 1,481 1,571 Married couple, 4 children: Supplementary benefit … 819 1,000 1,201 1,677 2,051 Tax threshold … 836 1,029 1,027 1,669 1,759 Notes:
- 1. The supplementary benefit ordinary scale rates have been used throughout.
- 2. It has been assumed that rent/rates of £8 a week would always have been regarded as reasonable and allowed in full in assessing benefit.
- 3. Family allowance is included in all entries where appropriate.
- 4. The ages of the children have been taken as follows: where there are one or two, both under 5: where there are three or four, two under 5 and the remainder between 5 and 10.
- 5. No deductions have been made in respect of rent rebates etc.