§ Mr. HobanTo ask the Secretary of State for Work and Pensions what estimate he has made of the cost savings arising from the simplification of income support and the income based element of the jobseeker's allowance as a consequence of the provisions of the Tax Credits Bill. [23998]
§ Malcolm Wicks[holding answer 18 December 2001]: Paragraph 210 of the explanatory notes to the Tax Credits Bill says that there are expected to be annual reductions in expenditure across DWP policy responsibilities amounting to £4 billion, arising from the abolition of the child related elements of IS/JSA, the new deal 50 plus employment credit and child dependency increases.