§ Sir Brandon Rhys Williamsasked the Chancellor of the Exchequer what would be the net saving in 1983–84 of abolishing the married man's tax allowance for those below pension age and introducing a partially transferable tax allowance equal to 56 per cent. of the single person's allowance; and if he will state the assumptions on which this saving has been calculated including the assumption underlying the treatment of investment income between husband and wife.
§ Mr. RidleyI shall let my hon. Friend have a reply as soon as possible.