HC Deb 03 June 1986 vol 98 cc473-5W
Dr. McDonald

asked the Chancellor of the Exchequer if he will up-date to 1986–87 the tax thresholds for a single person, married couple without children, married couple with two children and four children on the same basis as appendix C of the 1985 "Inland Revenue Statistics".

Threshold at current prices Threshold at 1984–85 prices Threshold as percentage of average manual earnings* Threshold as percentage of average earnings† for all occupations Break-even point at current prices Break-even point at 1984–85 prices Break-even point as percentage of average manual earnings* Break-even point as percentage of average earnings† for all occupations
£ Index 1984–85=100 Per cent. Per cent. £ Index 1984–85=100 Per cent. Per cent.
Single person
1985–86 2,205 103.8 24.6 21.2 2,205 103.8 24.6 21.2
1986–87 2,335 106.2 24.3 21.0 2,335 106.2 24.3 21.0
Married man without children
1985–86 3,455 103.4 38.5 33.3 3,455 103.4 38.5 33.3
1986–87 3,655 105.7 38.0 32.9 3,655 105.7 38.0 32.9
Married man with 2 children
1985–86 3,455 103.4 38.5 33.3 5,849 101.3 65.1 56.3
1986–87 3,655 105.7 38.0 32.9 6,190 103.5 64.4 55.7
Married man with 4 children
1985–86 3,455 103.4 38.5 33.3 8,242 100.4 91.8 79.3
1986–87 3,655 105.7 38.0 32.9 8,725 102.7 90.8 78.5
* Full time males aged over 21 working a full week.
† Full time males paid at adult rates working a full week.

Dr. McDonald

asked the Chancellor of the Exchequer if he will up-date to 1986–87 the information on tax breakeven points, tax-free income thresholds and tax on the same basis as his reply of 26 July 1985 to the hon. Member for Dunfermline, East (Mr. Brown) Official Report, columns 855–6.

Threshold at current prices Threshold at 1949–50 prices Threshold as percentage of average manual earnings† Tax free income at current prices Tax free income at 1949–50 prices Tax free income as percentage of average income* Break-even point at current prices Break-even point at 1949–50 prices Break-even point as percentage of average manual earnings†
£ Index 1949–50 = 100 Per cent. £ Index 1949–50 = 100 Per cent. £ Index 1949–50 = 100 Per cent.
Single person
1985–86 2,205 139.6 24.6 2,205 139.6 24.6 2,205 139.6 24.6
1986–87 2,335 142.8 24.3 2,335 142.8 24.3 2,335 142.8 24.3

Mr. Norman Lamont

[pursuant to his reply, 22 May 1986, c. 310]: Latest estimates for 1985–86 and 1986–87 are as follows:

Mr. Norman Lamont

[pursuant to his reply, 22 May 1986, c. 309–10]: Latest estimates for 1985–86 and 1986–87 are as follows:

Threshold at current prices Threshold at 1949–50 prices Threshold as percentage of average manual earnings† Tax free income at current prices Tax free income at 1949–50 prices Tax free income as percentage of average income* Break-even point at current prices Break-even point at 1949–50 prices Break-even point as percentage of average manual earnings†
£ Index 1949–50 = 100 Per cent. £ Index 1949–50 = 100 Per cent. £ Index 1949–50 = 100 Per cent.
Married man without children
1985–86 3,455 137.1 38.5 3,455 137.1 38.5 3,455 137.1 38.5
1986–87 3,655 140.1 38.0 3,655 140.1 38.0 3,655 140.1 38.0
Married man with 2 children
1985–86 3,455 86.3 38.5 4,173 100.7 43.0 5,849 118.8 65.1
1986–87 3,655 88.2 38.0 4,391 102.4 42.4 6,190 121.5 64.4
Married man with 4 children
1985–86 3,455 64.6 38.5 4,891 84.8 47.0 8,242 110.7 91.8
1986–87 3,655 66.1 38.0 5,126 85.9 46.3 8,725 113.2 90.8
* Average manual earnings plus child benefit
† Full time males aged over 21 working a full week