asked the Minister for Finance if he will state in view of the changed value of the £1 to what figure the present personal allowances should be raised to correspond with the figures £234, £394 and £120 which were the allowances at the introduction of PAYE in 1960, for a single man, married man and a child, respectively.
Ceisteanna—Questions. Oral Answers. - Personal Allowances.
75.
By reference to the Consumer Price Index at midNovember, 1960 the equivalents of the allowances of £234, £394 and £120 at mid-November, 1968 would have been £321, £540 and £165 respectively.