§ Mr. Rookerasked the Chancellor of the Exchequer if he will publish in tabular form the gross pay equivalents of the Budget income tax changes for a married couple with two children under 11 years of age for the following annual incomes: (a) £2,000, (b) £4,000, (c) £6,000, (d) £8,000, (e) £10,000, (f) £15,000 and (g) £25,000, showing the increases on an annual, weekly and percentage basis.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 27th June 1977; Vol. 934, c. 84–5], gave the following information:
Assuming that income is all earned, the figures are as follows:
tax; and what would be the cost of these two changes to the Exchequer.
§ Mr. Denzil Davies,pursuant to his reply [Official Report, 27th June 1977; Vol. 934, c. 85–6], gave the following information:
I have noted these proposals, but have no action in mind at present. The cost of the two changes referred to cannot be estimated.