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Luncheon Vouchers

Volume 973: debated on Thursday 15 November 1979

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asked the Chancellor of the Exchequer when it was first decided to disregard the sum of 15p per day when assessing luncheon vouchers provided by an employer as income in kind for tax

ESTIMATES PER HEAD OF TOTAL POPULATION IN 1977
Gross domestic product (*)Taxes on personal incomeValue added tax
In local currencies
United Kingdom (£)2,53530776
West Germany (DM)19,5202,3061,021
France (Fr)35,2381,8392,922
In £ sterling
(a) Based on exchange rates
West Germany4,820569252
France4,110215341
(b) Based on purchasing power parities
West Germany3,235382169
France3,097161257
(*) At market prices
Source:
United Kingdom—latest national income estimates adjusted to international definitions.
France and West Germany—GDP from National Accounts ESA Aggregates 1960–77.
France and West Germany—Tax data from Revenue Statistics of OECD Member countries 1965–78.