Personal Allowances

Mr. Ovenden
asked the Chancellor of the Exchequer what was the total cash value for each year since 1965–66 of personal tax allowances and wife's earned income allowance for a married couple with no children where both parties were employed and subject to the standard rate of tax; and what will be the corresponding value for the current year.

Mr. Robert Sheldon
, pursuant to his reply [Official Report, 10th November 1977; Vol. 938, c. 185], gave the following information:The figures are as follows:
 -----------
|       | |
-----------
|       | ||
-----------
|1965–66|…|…|
-----------
|1966–67|…|…|
-----------
|1967–68|…|…|
-----------
|1968–69|…|…|
-----------
|1969–70|…|…|
-----------
|1970–71|…|…|
-----------
|1971–72|…|…|
-----------
|1972–73|…|…|
-----------
|1973–74|…|…|
-----------
|1974–75|…|…|
-----------
|1975–76|…|…|
-----------
|1976–77|…|…|
-----------
|1977–78|…|…|
-----------
The figure for 1977–78 takes account of the Chancellor's proposals of 26th October.