Select Committee on Social Security Minutes of Evidence


Annex A3

EXAMPLE 1: AS BEFORE


Mother net0 50100150 200300 400800

6 Apr 199879.2779.27 79.2774.0266.85 58.0047.9326.43
per cent of net2525 252321 18158
Green Paper47.2547.25 47.2547.2547.25 47.2547.2547.25
per cent of net1515 151515 151515
Australia53.7453.74 53.7453.7453.74 29.9413.4413.44
per cent of net1717 171717 1044


  If 25 per cent used, but where mother's income exceeds £150 pw net 25p of every £1 excess is subtracted from F's net income (subject to a minimum of 25 per cent of calculation if mother had no income)


78.7578.75 78.7578.7575.63 69.3863.1338.13
per cent of net2525 252524 222012








EXAMPLE 2: AS BEFORE, BUT INCLUDING EARLIER RATES, FOR INTEREST


Mother net0 50100150 200300 400800

6 Apr 199394.0894.08 94.0892.3585.75 77.7573.0861.98
per cent of net3030 302927 252320
6 Apr 1994102.49102.49 102.49101.3294.04 84.6178.7668.00
per cent of net3333 333230 272522
6 Apr 199593.1793.17 93.1792.0683.22 72.6466.5343.08
per cent of net3030 302926 232114
6 Apr 199694.1894.18 94.1893.6984.36 73.2766.9144.23
per cent of net3030 303027 232114
6 Apr 199794.5094.50 94.5094.5085.39 73.8367.2445.24
per cent of net3030 303027 232114
6 Apr 199892.9192.91 92.9192.5483.22 72.2265.9444.71
per cent of net2929 292926 232114
Green Paper63.0063.00 63.0063.0063.00 63.0063.0063.00
per cent of net2020 202020 202020
Australia91.5891.58 91.5891.5891.58 59.3222.9022.90
per cent of net2929 292929 1977


  If 27 per cent used, but where mother's income exceeds £150 pw net 25p of every £1 excess is subtracted from F's Net income (subject to a minimum of 25 per cent of calculation if mother had no income


85.0585.05 85.0585.0581.68 74.9368.1841.18
per cent of net2727 272726 242213






EXAMPLE 3: AS BEFORE

Mother Net0 50100150 200300 400800

6 Apr 199894.5094.50 94.5094.5094.50 86.9879.3467.05
per cent of net3030 303030 282521
Green Paper78.7578.75 78.7578.7578.75 78.7578.7578.75
per cent of net2525 252525 252525
Australia108.54108.54 108.54108.54108.54 76.0127.1427.14
per cent of net3434 343434 2499


  If 30 per cent used, but where mother's income exceeds £150 pw net 25p of every £1 excess is subtracted from F's net income (subject to a minimum of 25 per cent of calculation if mother had no income)


94.5094.50 94.5094.5090.75 83.2575.7545.75
per cent of net3030 303029 262415









 
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Prepared 19 October 1999