HC Deb 23 January 1980 vol 977 c252W
Mr. Hordern

asked the Chancellor of the Exchequer what would be the loss to the Revenue if personal allowances and the age allowance were increased by 20 per cent.

Mr. Peter Rees

The full year cost at 1979–80 income levels of increasing the single, married, wife's earned income, additional personal and age allowances, and also the age allowance income limit, by 20 per cent. would be about £2,325 million.