Cumulative Increase in Salaries Tax Allowances Vs Inflation since 1991-92

Item

Year 91-92 (%) Year 92-93 (%) Year 93-94 (%) Year 94-95 (%) Year 95-96 (%) Year 96-97 (%) Year 97-98 (%) Year 98-99 (%) Year 99-00 (%) Year 00-01 (%)
Basic Allowance

0

12.2

36.6

75.6

92.7

119.5

143.9

163.4

163.4

163.4

Dependent Parent/ Grandparent Allowance

0

12.5

41.7

66.7

83.3

104.2

125

150

150

150

First Child Allowance

0

10.7

21.4

42.9

57.1

75

92.9

114.3

114.3

114.3

Single Parent Allowance

0

15

35

60

100

125

275

440

440

440

Inflation

0

9.6

19.3

29.7

41.5

50.4

59.3

63.8

57.2

51.4

Note: For many years, the increase in tax allowances were well above inflation

[Next] [Back] [ Index] [ Chinese Main Page]