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Mr. Ralph Howell
asked the Chancellor of the Exchequer if he will publish figures showing the combined value of family allowance/child benefit and child tax allowances/residual child tax allowances for a family with three dependent children aged 16, 14 and 12 years as a percentage of the value of single person's tax allowance, assuming tax at the standard rate, in each year since 1960.
Mr. Robert Sheldon,
pursuant to his reply [Official Report, 30th November 1977; Vol. 940, c. 259], gave the following information:The figures for a standard or basic rate taxpayer who is married with three dependent children aged 16, 14 and 12 years are as follows:
Combined net value of family allowance or child benefit and child tax allowance as a percentage of the value of the single person's tax allowance. | |
Year | |
1960–61 | 346 |
1961–62 | 346 |
1962–63 | 346 |
1963–64 | 265 |
1964–65 | 265 |
1965–66 | 237 |
1966–67 | 237 |
1967–68 | 237 |
1968–69 | 238 |
1969–70 | 205 |
1970–71 | 161 |
1971–72 | 203 |
1972–73 | 143 |
1973–74 | 142 |
1974–75 | 152 |
1975–76 | 154 |
1976–77 | 166 |
1977–78 | 136 |