§ Mr. Dickensasked the Chancellor of the Exchequer what is the estimated cost to the Exchequer of exempting persons earning up to £400, £500, £600 and £700 per annum, respectively, from income tax, with no alteration to personal or other tax allowances; and what is the estimated number of people rendered exempt at each level.
§ Mr. TaverneI am afraid that I cannot make the desired estimates for an exemp-
234Wand for maintenance, respectively, contained in Table2.9 of the White Paper on Public Expenditure, 1968–69 to 1973–74 Command Paper No. 4234.
§ Mr. DiamondThe following is the breakdown required:
tion based on only one particular type of income.
§ Mr. Sheldonasked the Chancellor of the Exchequer what estimate he has made of the cost to the revenue of a reduction of 2½ per cent. in the standard rate of income tax.
§ Mr. TaverneAbout £180 million for a full year.