Earned Income Relief

HC Deb 01 March 1971 vol 812 c345W

90. Mr. Meacher

asked the Chancellor of the Exchequer what is the present cost to the Exchequer of the two-ninths earned income relief and the one-ninth earned income relief, respectively.

Mr. Patrick Jenkin

In the region of £2,700 million, about 1½ per cent. of which relates to relief at the one-ninth rate.