§ Mr. Pardoeasked the Chancellor of the Exchequer if he will give the tax paid, in cash and as a percentage of income, by a married couple, with no children, on a 1976 income of £4,000, £7,000 and £10,000 in 1976, and on incomes of equivalent purchasing power in 1946, 1950, 1960 and 1970.
§ Mr. Robert Sheldon,pursuant to his reply [official Report, 1st November 1976; Vol. 918, c. 484], gave the following information:
The figures are as follows:
692W
Year Equivalent real income Tax payable Tax payable as percentage of income £ £ 1976— (i) … 4,000.00 1,020.25 25.5 (ii) … 7,000.00 2,136.75 30.5 (ii) … 10,000.00 3,699.00 37.0 1946— (i) … 732.25 179.89 24.6 (ii) … 1,281.44 400.55 31.3 (iii) … 1,830.64 647.69 35.4 1950— (i) … 886.67 179.07 20.2 (ii) … 1,551.68 418.47 27.0 (iii) … 2,216.69 698.33 31.5 1960— (i) … 1,235.37 219.91 17.8 (ii) … 2,161.89 505.34 23.4 (iii) … 3,088.42 889.45 28.8 1970— (i) … 1,820.67 392.32 21.5 (ii) … 3,186.18 830.42 26.1 (iii) … 4,551.68 1,293.58 28.4 For years other than 1976, the incomes shown are those equivalent in real terms to the 1976 incomes, after taking account of the change in the General Index of Retail Prices between the average for the calendar year specified and the Index for September 1976.