§ Ms. ShortTo ask the Secretary of State for Social Services if he will publish tables, similar to those in his Department's tax/benefit model table, showing net weekly spending power for a single childless person aged 18 to 24 237W years, earning (a) £40, (b) £50, (c) £60, (d) £70, (e) £80, (f) £90, and (g) £100 under the existing tax and benefits system, following the Budget and the social security changes, in each case assuming the person is paying average local authority rent and rates.
New tax and benefit system from April 1988 Gross earnings £
Tax £
NI £
Family credit £
Child benefit £
Rent £
Rent rebate £
Rates £
Rate rebate £
Fares to work £
Net weekly spending power £
40.00 0.00 0.00 0.00 0.00 15.94 10.12 8.45 3.55 5.85 23.43 50.00 0.00 2.50 0.00 0.00 15.94 5.25 8.45 2.05 5.85 24.56 60.00 2.48 3.00 0.00 0.00 15.94 0.68 8.45 0.64 5.85 25.60 70.00 4.98 4.90 0.00 0.00 15.94 0.00 8.45 0.00 5.85 29.88 80.00 7.48 5.60 0.00 0.00 15.94 0.00 8.45 0.00 5.85 36.68 90.00 9.98 6.30 0.00 0.00 15.94 0.00 8.45 0.00 5.85 43.48 100.00 12.48 7.00 0.00 0.00 15.94 0.00 8.45 0.00 5.85 50.28 I regret that my reply to a similar question from the hon. Member on 11 March 1988 at columns 396–8
Pre-budget tax and new benefit system from April 1988 Single person aged 18–24
Gross earnings £
Tax £
NI £
Family credit £
Child benefit £
Rent £
Rent rebate £
Rates £
Rate rebate £
Fares to work £
Net weekly spending power £
40.00 0.00 0.00 0.00 0.00 15.94 10.12 8.45 3.55 5.85 23.43 50.00 0.49 2.50 0.00 0.00 15.94 5.57 8.45 2.14 5.85 24.48 60.00 3.19 3.00 0.00 0.00 15.94 1.15 8.45 0.78 5.85 25.50 70.00 5.89 4.90 0.00 0.00 15.94 0.00 8.45 0.00 5.85 28.97 80.00 8.59 5.60 0.00 0.00 15.94 0.00 8.45 0.00 5.85 35.57 90.00 11.29 6.30 0.00 0.00 15.94 0.00 8.45 0.00 5.85 42.17 100.00 13.99 7.00 0.00 0.00 15.94 0.00 8.45 0.00 5.85 48.77