asked the Minister for Finance if there is any, and if so what, change in the income tax statistics specified in the reply to Question No. 115 of 8th April, 1964.
Written Answers. - Income Tax Statistics.
104.
The figures specified in the reply to Question No. 115 of 8th April, 1964, require to be revised as shown in the following table:
|
Allowance |
ESTIMATED COST |
|
|
First Year |
Full Year |
|
|
£ |
£ |
|
|
(1)Married allowance (£394): |
||
|
(a)if increased to £400 |
195,000 |
230,000 |
|
(b),,,,,,£420 |
810,000 |
950,000 |
|
(2)Widow(er) allowance (£259): |
||
|
(a)if increased to £260 |
4,300 |
5,100 |
|
(b),,,,,,£300 |
160,000 |
190,000 |
|
(3)Single allowance (£234): |
||
|
(a)if increased to £240 |
485,000 |
570,000 |
|
(b),,,,,,£260 |
2,000,000 |
2,350,000 |
|
(4)Child allowance (£120):if increased to £140 |
680,000 |
800,000 |
|
(5)Dependent Relative allowance (£60):if increased to £80 |
350,000 |
415,000 |