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Mr. MacShane
To ask the Chancellor of the Exchequer what would have been the value to a basic rate taxpayer of the non-aged married couples allowance and the linked allowance in 1990 to 2000 if the allowance had been indexed every year since its introduction in 1990 and given at the basic rate of tax. [81727]
Dawn Primarolo
The information is given in the table:
Indexed level of 1990–91 non-aged married couple's allowance (£) | Basic rate of income tax (per cent.) | Value to a basic rate taxpayer (£) | |
1990–91 | 1,720 | 25 | 430.00 |
1991–92 | 1,910 | 25 | 477.50 |
1992–93 | 1,990 | 25 | 497.50 |
1993–94 | 2,070 | 25 | 517.50 |
1994–95 | 2,110 | 25 | 527.50 |
1995–96 | 2,160 | 25 | 540.00 |
1996–97 | 2,250 | 24 | 540.50 |
1997–98 | 2,300 | 23 | 529.00 |
1998–99 | 2.390 | 23 | 549.70 |
1999–2000 | 2,470 | 23 | 568.10 |
2000–01 | 2,510 | 22 | 552.20 |