§ Mr. Anthony Grantasked the Chancellor of the Exchequer what amount of money would be required to provide a Member of Parliament, who is (a) single, (b) married without children, (c) married with one child, (d) married with two children and (e) married with three children, with the same net income after tax and allowing for inflation as he reached in 1964, 1970 and 1974, respectively.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 22nd April 1977; Vol. 930, c. 187–8], gave the following information:
Assuming that the children are not over 11 years of age, the figures are as follows:
83WThe calculations take account where appropriate of earned income relief and the relief given for employees' national insurance contributions.
The price index used is the Average General Index of Retail Prices—All Items, for each tax year. For 1977–78 the index for March 1977 has been used.
For 1977–78 full implementation of the Budget proposals has been assumed.