HC Deb 08 April 1987 vol 114 cc266-7W
Dr. McDonald

asked the Chancellor of the Exchequer if he will provide for 1987 the same information provided in his reply of 27 October 1986 to the hon. Member for Oldham, West (Mr. Meacher), Official Report, columns 53–6.

Mr. Norman Lamont

[pursuant to his reply, 25 March 1987, c. 216]: The information is in the tables.

Multiples of Average Earnings3
½ ¾ 1 1½ 2 5 10
basic rate 2 1.34 2.47 3.61 5.88 6.88 6.88 6.88
personal allowances 0.50 0.50 0.50 0.50 0.78 1.04 1.04
higher rate thresholds — — — — 1.67 1.67 1.67
Total 3 1.85 2.98 4.11 6.38 9.34 9.59 9.59
Net of indexation: change in basic rate 2 1.34 2.47 3.61 5.88 6.88 6.88 6.88
personal allowances — — — — — — —
higher rate thresholds — — — — -0.67 4.71 4.71
Total 3 1.34 2.47 3.61 5.88 6.21 2.17 2.17
Married Man (Non-aged)
Current Prices: change in
basic rate 2 0.81 1.95 3.08 5.36 6.88 6.88 6.88
personal allowances 0.78 0.78 0.78 0.78 1.08 1.61 1.61
higher rate thresholds — — — — 1.48 1.67 1.67
Total 3 1.59 2.73 3.86 6.14 9.44 10.17 10.17
Net of indexation: change in
basic rate 2 0.81 1.95 3.08 5.36 6.88 6.88 6.88
personal allowances — — — — — — —
higher rate thresholds — — — — — -4.71 -4.71
Total 3 0.81 1.95 3.08 5.36 6.88 2.17 2.17
1 Full time adult males (all occupations) forecast earnings for 1987–88 £227.30 per week.
2 Assuming changes to personal allowances and higher rate thresholds are made first.
3 The sum of the changes may vary by a penny from the total given due to rounding.