§ Mr. Fieldasked the Chancellor of the Exchequer what would be the gross income for tax payers at net earnings of
Gross pay Income tax effect Indirect tax effect Effect of devaluation of green pound (£ per year) (£ per week) (£ per week) (£ per week) 2,000 1.67 1.29 0.07 4,000 3.23 2.22 0.12 6,000 4.65 3.12 0.17 10,000 8.29 5.07 0.27
§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will publish a table comparing the tax thresholds (including child benefits where appropriate) of a two wage married couple, a pensioner couple, and married couples with each of one, two, three and four children.
§ Mr. Peter Rees,pursuant to his reply [Official Report, 9 July 1979; Vol. 970, c. 35], gave the following answer:
The figures are as follows:
Threshold £ Two wage married couple 2,980 Pensioner couple 2,455 Married couple with one child 2,023 Married couple with two children 2,231 Married couple with three children 2,439 Married couple with four children 2,647 The thresholds represent the amount of income—including tax free child benefit where appropriate—that can be received before tax is payable.