§ Mrs. Wiseasked the Chancellor of the Exchequer what would be the tax liability of, respectively, a single person, and a married couple with two children aged 5 and 11 years, with gross incomes at £1,000, £1,500, £2,000, £4,000, £8,000, £10,000, and £20,000; and what would be the gains or losses per year compared with the present system if income up to £1,000 received 100 per cent. exemption, reduced thereafter by one-third of the difference between the gross incomes and £1,000, if a 10 per cent. tax rate were then applied to the first £1,000 of taxable income and an extra 10 per cent. on 390W each successive £1,000 up to a maximum 80 per cent. and if child benefit were increased to £4 per child but taxed.
§ Mr. Robert SheldonI will let my hon. Friend have a reply as soon as. possible.
§ Mr. Rookerasked the Chancellor of the Exchequer what would be the cost of introducing lower-rate income tax bands of (a) 20 per cent. on first £500: (b) 20 per cent. on first £1,000; (c) 5 per cent. on first £500, (d) 25 per cent. on first £1,000, showing in each case the cost if all taxpayers were included and the cost if the operation of the lower-rate tax band were confined to basic rate taxpayers only.
§ Mr. Robert SheldonI will let my hon. Friend have a reply as soon as possible.