Single Person's Allowance (Hansard, 24 February 1992)

HC Deb 24 February 1992 vol 204 c364W 364W

§ Mr. Nicholas Brown
To ask the Chancellor of the Exchequer what would be the cost in 1992–93 of an increase in the single person's tax allowance of(a) £50, (b) £100, (c) £150, (d) £200, (e) £250 and (f) £300, giving the numbers taken out of tax in each case, in the United Kingdom.

§ Mr. Maude
Estimates are given in the table.

Increase in personal allowance¹ £ Exchequer cost in 1992–93² £ million Exchequer cost in full year² £ million Numbers taken out of tax thousands

50 260 330 100

100 510 650 190

150 770 970 300

200 1,020 1,300 400

250 1,270 1,620 480

300 1,520 1,940 570

¹ Including the personal allowances for the over-65s and over-75s.

² Over and above statutory indexation.

Increase in personal allowance¹ £	Exchequer cost in 1992–93² £ million	Exchequer cost in full year² £ million	Numbers taken out of tax thousands
50	260	330	100
100	510	650	190
150	770	970	300
200	1,020	1,300	400
250	1,270	1,620	480
300	1,520	1,940	570
¹ Including the personal allowances for the over-65s and over-75s.
² Over and above statutory indexation.