§ 30. Mr. GLEDHILLasked the Chancellor of the Exchequer the number of claims under Section I, Part II, Schedule of allowances; and what would be the ultimate loss of revenue if the allowance under this heading was increased to £50?
Mr. CHAMBERLAINI assume my hon. Friend has in mind the allowance of £25 granted under Section 22, Finance 2049 Act, 1920, to taxpayers maintaining dependent relatives. No statistics are collected of the numbers of such allowances that are made or the total relief from tax involved in them, but it is estimated that an increase of the allowance to £50 would cost not less than £1,000,000.