Lord Hamiltonasked the Chancellor of the Exchequer what is his estimate of 289W the saving to be made to the Exchequer in 1970–71 by clawing back the whole family allowance from standard rate taxpayers by means of a reduction in the children's allowance against income tax.
§ Mr. TaverneThe extra tax yield to the Revenue if such an arrangement were to be put into force would be about £100 million for 1970–71.