HC Deb 26 January 1977 vol 924 cc649-50W
Mr. Peter Bottomley

asked the Chancellor of the Exchequer, if he will update the information age allowance tax thresholds given to the hon. Member for Brighton, Kemptown on 7th April 1976, Official Report, column 224.

Mr. Robert Sheldon,

pursuant to his reply [Official Report, 21st January 1977; Vol. 924, c. 352], gave the following information:

The updated figures are as follows:

(1) Age allowance as percentage of average earnings (2) Age allowance in real terms (April 1975 prices)
Single % Married % Single £ Married £
1975:
May 29.7 44.6 912 1,368
June 29.2 43.8 895 1,342
July 27.9 41.9 886 1,328
August 27.6 41.5 880 1,321
September 27.2 40.8 873 1,309
October 27.0 40.5 861 1,291
November 26.5 39.8 851 1,276
December 26.0 39.0 840 1,260
1976:
January 26.0 38.9 829 1,244
February 25.9 38.8 819 1,228
March 25.4 38.1 814 1,222
April 27.1 41.6 849 1,308
May 26.4 40.7 840 1,293
June 26.6 41.0 836 1,287
July 26.0 40.1 834 1,284
August 25.7 38.5 823 1,267
September See note (1) 812 1,250
October 797 1,228
November 786 1,211

Notes:

(1) Average earnings are the annual equivalent of the revised estimated average earnings in the month of full-time adult males in all industries, obtained by applying the monthly index of average earnings to the New Earnings Survey estimates for April 1975 and April 1976.

(2) The price index used is the general Index of Retail Prices—all items.