HC Deb 03 November 1993 vol 231 c254W
Mr. Dewar

To ask the Chancellor of the Exchequer if he will update the answer to the hon. Member for Edinburgh, South (Mr. Griffiths) of 21 June,Official Report, column 13, to include estimates for 1994–95 based on the assumption of statutory indexation and measures already announced in the 1993 Budget; and if he will include estimates for the effect on revenues if child benefit was taxed at the higher rate only.

Mr. Dorrell

Estimated revenue yields are given in the table. For 1994–95 the rates of child benefit have been assumed to be £10.20 per week for the first child and £8.25 per week for subsequent children in line with the 1.8 per cent. increase in the September retail prices index.

£ million
Yield in a full year
At 1993–94 income levels At 1994–95 income levels
Child benefit taxed as
Father (or lone mother's) income 1,150 1,200
Mother (or lone father's) income 625 650
At higher rate only on father or lone mother's income 200 250
At higher rate only on mother or lone father's income 30 30

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