§ Mr. Hayhoeasked the Chancellor of the Exchequer whether he will bring up to date the figures for real take-home pay for the average worker since December 1973 in the Written Answer given to the hon. Member for Chingford (Mr. Tebbit) (Official Report, 16th December 1976, c. 785).
§ Mr. Robert SheldonI would refer the hon. Member to the reply which I gave to the hon. Member for Chingford (Mr. Tebbit) on 2nd March 1977.—[Vol. 927, c.239–40.]
§ Mr. Pattieasked the Chancellor of the Exchequer what gross income a married man with two children and no other tax allowances would have had to earn in February 1977 in order to have maintained the real value of his take-home pay if his gross income in January 1974 was (a) £2,000, (b) £3,000, (c) £4,000 and (d) £5,000.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 7th March 1977; Vol. 927, c. 386], gave the following information:
Assuming that neither child is over 11 years of age the figures are as follows:
Gross income in January 1974 Gross income required to produce the equivalent take home pay in January 1977 £ £ 2,000 3,720 3,000 5,585 4,000 7,543 5,000 9,983 The gross income figures include family allowance, and the tax on family allowance and clawback have been taken into account in the calculations.
526WThe price index used is the General Index of Retail Prices—All items, for January 1974 and January 1977, the latest available.
§ Mr. MacGregorasked the Chancellor of the Exchequer what would be the normal take-home pay of a married man with two children currently earning £65 gross a week.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 7th March 1977; Vol. 927, c. 387], gave the following information:
Assuming that neither child is over 11 years of age, take-home pay, exclusive of family allowance, would be £48.98 per week. Take-home pay has been taken as gross earnings less tax and national insurance contributions. The calculations take account of the tax on family allowance and clawback.