Skip to main content

Tax-Free Allowances

Volume 806: debated on Thursday 12 November 1970

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer whether he will state what a £2,400 per annum tax-free allowance is worth in gross or real terms for a married man with normal tax allowances on a salary of £5,250; and whether he will cease paying such allowances out of Treasury funds when such cases are referred to him.

£5,826 for 1970–71, assuming that surtax rates for that year are the same as for 1969–70.As regards the second part of the Question, if the hon. Member is referring to payment of cash allowances, tax free, I am not aware of any such payments from the Treasury in the circumstances described. If the hon. Member has some specific allowance payment in mind perhaps he will give me the details and I will look into the matter.