Dependent Relatives Allowance

Mr. Colin Shepherd
asked the Chancellor of the Exchequer what was the dependent relatives allowance for each of the tax years since 1970–71; and what it would have to be for the present tax year if its value were to be the equivalent for each of the tax years since 1970–71, respectively.

Mr. Ridley
The information is as follows: --
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The levels of allowances in each year have been revalorised to 1982–83 levels in line with movements in the retail prices index.

Mr. Colin Shepherd
asked the Chancellor of the Exchequer how many individuals claimed dependent relatives allowance for the most recent tax year.

Mr. Ridley
It is estimated that about 750,000 taxpayers are currently claiming the dependent relatives allowance.