HC Deb 18 April 1978 vol 948 c121W
Mr. Norman Lamont

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the increases in real living standards to 31st March 1979 after the Budget changes, and any changes in national insurance contributions, assuming an increase in pre-tax earnings for each person of 10 per cent. and an inflation rate of 8 per cent. to 31st March 1979, for (a) a single and (b) a married person earning £2,000, £3,000, £3,500, £4,000, £5,000, £6,000, £7,000, £8,000, £9,000, £10,000 £12,000, £14,000, £15,000, £17,000, £19,000, £20,000, and £25,000, respectively.

Mr. Robert Sheldon

On the assumptions noted, the annual percentage increases in real net income in 1978–79 would be as follows:

1977–78 Income Single Person Married Couple
(£) Per cent. Per cent.
2,000 3.8 3.0
3,000 2.9 2.7
3,500 2.6 2.4
4,000 2.4 2.3
5,000 2.1 2.0
6,000 1.6 1.5
7,000 1.7 1.6
8,000 2.1 1.9
9,000 2.3 2.1
10,000 2.3 2.2
12,000 2.6 2.4
14,000 2.3 2.2
15,000 2.1 2.2
17,000 2.0 2.0
19,000 2.0 1.9
20,000 2.0 1.9
25,000 1.8 1.8

Net income is gross income less tax and national insurance contributions.