§ Mr. Freethasked the Chancellor of the Exchequer what would be the cost of extending the two-ninths earned income relief to all incomes.
§ Mr. Powell:To give the two-ninths relief to all earned incomes, without limit, would cost about £7 million in a full year, in addition to the cost of the limited extension proposed in the Budget.
§ Mr. Freethasked the Chancellor of the Exchequer what would be the cost of making the proportion of earned income relief two-ninths in respect of incomes between £4,000 and £10,000 per annum.
§ Mr. Powell:About £4½ million in a full year.
§ Mr. Freethasked the Chancellor of the Exchequer what would be the cost of extending the earned income relief at the one-ninth rate to incomes over £10,000 per annum.
§ Mr. P. Thorneycroft:About £1¼ million in a full year.