HC Deb 13 February 1973 vol 850 cc305-6W
Mr. David Steel

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT the gains accruing to surtax payers of the £40 increase in child tax allowances announced in his 1971 Budget from the date the increased allowances became payable until 31st March 1973.

Mr. Nott

The increase in child allowance cost the Revenue in 1971–72 £163 million of which £2 million was attributable to surtax payers. This increase led to surtax payers paying £3 million less in 1972–73 than had the 1971 increase not taken place.

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