§ Mr. Silvesterasked the Chancellor of the Exchequer what is the current estimate of the gain to the revenue from the abolition of the married personal allowance (a) in total and (b) to persons below retirement age.
§ Mr. Moore[pursuant to his reply, 21 January 1985, c. 321]: The estimated yield from reducing the married man's allowance and married age allowance to the levels of the corresponding allowances for single people would be about £4.1 billion in a full year at 1984–85 levels of income. £3.6 billion of this estimate is in respect of taxpayers under 65.
§ Mr. Silvesterasked the Chancellor of the Exchequer what is the current estimate of the gain to the revenue from the abolition of the additional personal allowance (a) in total and (b) to persons below retirement age.
§ Mr. Moore[pursuant to his reply, 21 January 1985, c. 320]: The estimated yield from abolishing the additional personal allowance would be about £140 million in a full year at 1984–85 levels of income. Approximately £1 million of this is in respect of taxpayers over 65.