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Mr. Jim Lester
asked the Chancellor of the Exchequer allowing only for inflation, what the allowable income for children's earnings would be on 1st April 1975 to maintain its original value.
Mr. Robert Sheldon
The child's income limit was introduced in 1920 at a level of £40. To maintain this value in real terms in March 1975, the latest date for which the retail price index is available, the limit would need to be about £180. To maintain the value of the limit in real terms since 1963, when the limit was increased to its present level of £115, the limit would need to be about £275.