§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer what estimate he has made of the revenue from taxing child benefit for(a) all upper-rate taxpayers at 40 per cent. and (b) upper-rate taxpayers at 40 per cent. 478W but 50 per cent. for those with taxable incomes of over £100,000 per annum; and if he will make a statement. [127500]
§ Dawn PrimaroloThe estimated revenue from taxing child benefit received by higher-rate taxpayers at 40 per cent. in 2000–01 is £50 million in a full year. The additional revenue from taxing child benefit received by higher-rate taxpayers with taxable incomes of over £100,000 per annum at 50 per cent. is estimated to be less than £5 million.