Fleet (Hansard, 5 February 1986)

§ Mr. Stanley

The ships which, on present plans, will be withdrawn from the active Fleet during 1986 are:

Increase^* in net income from a reduction of 2p in basic rate
(£ per week)
Multiples of Average Earnings	½	¼	1	1½	2	5
Single person	1.24	2.31	3.38	5.52	6.62	6.62
Married couple ^† ^‡	0.73	1.80	2.87	5.01	6.62	6.62

Increase^* in net income from 10 per cent. increase in allowances
(£ per week)
Multiples of Average Earnings	½	¼	1	1½	2	5
Single person	1.27	1.27	1.27	1.27	1.69	2.54
Married couple^†^‡	2.02	2.02	2.02	2.02	2.69	4.04

^* Calculated for 1986–87 assuming that the proposed changes are applied on top of statutory indexation of the 1985–86 tax regime. The change in net income is calculated by comparison with the indexed tax regime.

^* Assuming that the wife has no earned income.

^‡ Income tax liability is unaffected by the number of children.