asked the Minister for Finance the amount that a married man with two children under eleven years of age with no unearned income would have available to spend after paying income tax and sur-tax at the rates in force for 1964-65 and 1965-66 if his earned income was £1,000, £1,500, £2,000, £2,500, £3,000, £4,000 and £5,000 respectively.
Written Answers. - Income Tax and Sur-Tax Payments.
116.
There was no change in the relevant rates of tax and allowances between 1964-65 and 1965-66 and accordingly the following information covers both years:
1964-65 and 1965-66.
|
Total amount of earned income |
Net amount remaining after payment of Income Tax and Sur-Tax |
||
|
£ |
£ |
s. |
d. |
|
1,000 |
963 |
5 |
4 |
|
1,500 |
1,344 |
10 |
4 |
|
2,000 |
1,725 |
15 |
4 |
|
2,500 |
2,067 |
8 |
8 |
|
3,000 |
2,409 |
2 |
0 |
|
4,000 |
2,984 |
3 |
8 |
|
5,000 |
3,542 |
10 |
4 |