asked the Minister for Finance if he will state the principal personal reliefs for income-tax available in 1938-39 and 1958-59 in a form similar to Table 47, page 75, of the Report of the Committee of Inquiry into Taxation on Industry (Pr. 3512).
Written Answers. - Income-Tax Reliefs.
The information requested is as follows:—
|
Allowance |
1938-39 |
1958-59 |
|
|
Actual |
Actual |
At 1938 values |
|
|
£ |
£ |
£ |
|
|
Exemption: |
|||
|
Earned |
150 |
240 |
91 |
|
Unearned |
125 |
||
|
Earned Income (maximum) |
200 |
400 |
151 |
|
Single |
125 |
150 |
57 |
|
Widower or widow |
175 |
66 |
|
|
Married |
225 |
310 |
117 |
|
Wife's earned income (maximum) |
45 |
45 |
17 |
|
Child |
60 |
100 |
38 |
|
Housekeeper |
45 |
100 |
38 |
|
Dependent relative |
25 |
60 |
23 |
|
Surtax limit |
1,500 |
1,500 |
566 |