§ 53. Mr. Blenkinsopasked the Financial Secretary to the Treasury the estimated loss of tax revenue in the United Kingdom in 1938–39 and in 1950–51 from wives' earned income rebate, from children's rebate, from dependent relatives' rebate and from life assurance rebate, respectively.
§ The Financial Secretary to the Treasury (Mr. John Boyd-Carpenter)As the reply contains a number of figures I will, with permission, circulate it in the OFFICIAL REPORT.
| Following is the reply: | ||
| — | 1938–39 | 1950–51 |
| £million | £million | |
| Estimated reduction in tax attributable to—Child allowance | 15 | 132 |
| Dependant relative allowance | 1¼ | 20 |
| Life assurance relief | 9 | 27 |
| Wife's earned income relief | Not available | 55 |