HC Deb 17 May 1976 vol 911 c329W
Mr. Pardoe

asked the Chancellor of the Exchequer if he will estimate for the current tax year and for 1975–76 the revenue forgone by age exemption—married couples. and the percentage of this which is at higher rates of tax.

Mr. Robert Sheldon

The estimates for the cost of the married age allowance are £140 million for the current year and

Revenue forgone (£ million) Percentage at higher rates*
1975–76 1976–77† 1975–76 1976–77†
Daughter's Service 10 10 2 2
Dependent Relative—Single Female
Dependent Relative—Other 24 25 2 2
* Relief in excess of relief at the basic rate.
† Assuming the conditional and unconditional tax changes announced in the Budget.