Personal Allowance (Hansard, 3 February 1994)

HC Deb 03 February 1994 vol 236 c828W 828W

§ Ms Harman
To ask the Chancellor of the Exchequer what was the value of the personal allowance against income tax in 1978–79 prices in 1978–79, 1984–85 and 1988–89; and what are his estimates for 1993–94 and under his Budget proposal for 1994–95.

§ Mr. Dorrell
[holding answer 27 January 1994]The information is as follows:

Personal allowance for a single person at 1978–79prices (£)

1978–79 985

1984–85 1,135

1988–89 1,225

1993–94¹ 1,245

1994–95¹ 1,205

¹ Assuming that prices increase by 2 per cent, in 1993–94 and 3.25 per cent, in 1994–95 in line with the illustrative assumptions in the Financial Statement and Budget Report 1994–95.

	Personal allowance for a single person at 1978–79prices (£)
1978–79	985
1984–85	1,135
1988–89	1,225
1993–94¹	1,245
1994–95¹	1,205
¹ Assuming that prices increase by 2 per cent, in 1993–94 and 3.25 per cent, in 1994–95 in line with the illustrative assumptions in the Financial Statement and Budget Report 1994–95.