HC Deb 05 July 1979 vol 969 cc683-4W
Dr. McDonald

asked the Chancellor of the Exchequer what would be the additional revenue gained in a full year by abolishing the married man's allowance and replacing it with the single person's allowance if this were not transferable between the spouses, assuming the tax rates and allowances announced in the Budget.

Mr. Peter Rees

If the allowance for married persons were reduced to the level of the single allowance and this were not available for use against the wife's income where it was not absorbed by the husband's, the yield would be about £2,500 million in a full year at 1979–80 income levels.