HC Deb 22 November 1982 vol 32 c350W
Mr. Ralph Howell

asked the Chancellor of the Exchequer to what level the tax thresholds could be raised (a) for a single person and (b) for a married couple, assuming that such thresholds remain in the same relationship to each other if the full year costs were (i) £1,000 million, (ii) £2,000 million, (iii) £3,000 million, (iv) £4,000 million, (v) £5,000 million and (vi) £10,000 million.

Mr. Ridley

The information is as follows:

Full year cost at 1982/83 income levels Single person's allowance Married man's allowance
£ million £ £
1,000 1,665 2,595
2,000 1,755 2,745
3,000 1,865 2,915
4,000 1,975 3,085
5,000 2,075 3,235
10,000 2,645 4,135

In arriving at these estimates, it has been assumed that the age allowances would be increased by the same percentage as the corresponding ordinary allowances.