HC Deb 18 January 1982 vol 16 cc93-4W
Mr. Nicholas Winterton

asked the Chancellor of the Exchequer (1) whether he will study the precedents of

Value of allowances or bands, revalorised from Finance Act 1977 levels £ Full year cost(−)/yield (+) of changing from current levels†£ million at 1981–82 income levels
Married man's allowance 2,122 +85
Additional personal allowance 737
Aged single allowance 1,836 −5
Aged married allowance 2,893
Aged income limit 5,736 +5
Basic and higher rate bands:
30 per cent. 0-9,834 + 505
40 per cent. 9,835-11,473
45 per cent. 11,474-13,112
50 per cent. 13,113-14,751
55 per cent. 14,752-16,390
60 per cent. over 16,390
Investment income surcharge thresholds:
Non-aged 2,459 + 230
Aged 3,278
Overall package (rounded estimate) + 800
† It is assumed that the changes are made in the order listed; e.g. the yield from the changes in basic and higher rate band widths is costed on top of the changes in allowance levels.