HC Deb 12 April 1976 vol 909 cc435-6W
Mr. Newton

asked the Chancellor of the Exchequer what loss of revenue would result from raising the income tax child allowance for children aged under 11 years to the same level as for children aged 11 to 16 years.

Mr. Robert Sheldon,

pursuant to his reply [Official Report, 5th April 1976; Vol. 909, c. 85], gave the following information:

About £110 million.

Mr. Newton

asked the Chancellor of the Exchequer what loss of revenue would result from raising from £115 to £215 the limit on a child's earnings before the child income tax allowance is reduced.

Mr. Robert Sheldon,

pursuant to his reply [Official Report, 5th April 1976; Vol. 909, c. 85], gave the following information:

The cost of increasing the limit to £215 would depend, in part, on the extent to which children were given income up to that amount under trusts, deeds of covenant etc.; but it is estimated to be about £10 million.

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