§ 47. Mr. Meacherasked the Chancellor of the Exchequer if the tax credit proposals were introduced at the levels now proposed, how much of benefit would accrue to those with incomes over £5,000 a year.
§ Mr. Redmondasked the Chancellor of the Exchequer how many official representations he has so far received on the proposed tax credit scheme; and what replies he has sent.
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§ Mr. NottWe have so far received some 480 letters about the new scheme from hon. Members, members of the public and some organisations. We have replied that the various suggestions made have been noted.
§ Mr. Hugh Jenkinsasked the Chancellor of the Exchequer if he is aware that £800 million, 61 per cent., of the £1,300 million to be distributed under his tax credit plan will go to those with incomes of £1,500 per annum or more; and how the money is to be raised.
§ Mr. NottI would refer the hon. Gentleman to the answer I gave him on 23rd October. I would add that, owing to a printer's error, the figure of £1,505 million in that answer should have read £1,050 million. As to the latter part of the Question, I would refer him to what was said in the Green Paper.