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Mr. Hooley
asked the Chancellor of the Exchequer if he will publish in the Official Report the amount of income tax per week payable in the current financial year by a married man with two children of school age and no other allowances whose income from all sources is £25, £30, £35, £40, or £45 per week, respectively.
Mr. Robert Sheldon
Assuming both children are under 11, income is wholly earned and gross income includes family allowance, the figures for 1974–75 are:
Gross weekly income | Weekly tax |
£ | £·p |
25 | 0·03 |
30 | 1·68 |
35 | 3·33 |
40 | 4·98 |
45 | 6·63 |