HC Deb 30 April 1975 vol 891 c166W
Mr. Penhaligon

asked the Chancellor of the Exchequer (a) what would be the cost of raising personal and child tax allowances to the following levels: single person £960, married person £1,280, child below 11 years of age £320, child 11 to 15 years of age £380, and child over 16 years of age £440, and (b) what would the cost be assuming that all tax-paying families were paying tax at the standard rate of 35 per cent.

Mr. Robert Sheldon

At 1975–76 levels of income, the estimates of the full year costs of making the increases suggested, over and above those proposed in the Budget, are £2,800 million and £2,700 million respectively.