Income Tax Credits (Hansard, 15 April 1999)

HC Deb 15 April 1999 vol 329 c330W 330W

§ Mr. Hunter
To ask the Chancellor of the Exchequer what is his estimate of the level of taxation in 2001–02 if income tax credits are accounted for as expenditure rather than as negative taxation. [79451]

§ Mr. Milburn
On any definition, taxes are expected to be lower in 2001–02 than planned by the previous Government in their last Budget.