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Mr. Newton
asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing the percentage of income absorbed by income tax for a married man with two children under 11 years of age earning (a) average weekly earnings, (b) £8,500 a year and (c) £15,000 a year and equivalents, based on current exchange rates in the EEC countries, USA and Japan.
Mr. Robert Sheldon
The figures are as shown in the table below:
MARRIED COUPLE PLUS TWO CHILDREN UNDER 11 | |||
Percentage of Income absorbed by Income Tax | |||
United Kingdom Average Earnings | £8,500 | £15,000 | |
Belgium | 7·8 | 18·2 | 28·6 |
(8·3) | (19·3) | (30·3) | |
Denmark | 5·4 | 13·8 | 230 |
(14·4) | (30·7) | (42·8) | |
France | 0·7 | 6·6 | 12·5 |
Germany | 7·9 | 13·9 | 21·9 |
Ireland | 18·5 | 33·4 | 50·1 |
Italy | 8·4 | 15·8 | 21·5 |
Luxembourg | Nil | 9·5 | 20·7 |
Netherlands | 2·9 | 14·0 | 27·2 |
United Kingdom | 20·0 | 30·1 | 43·8 |
U.S.A. | Nil | 9·6 | 15·4 |
(Nil) | (11·0) | (18·7) | |
Japan | 0·4 | 4·8 | 9·6 |
(1·2) | (8·3) | (15·9) |