§ Mr. Parkinsonasked the Chancellor of the Exchequer what would be the estimated cost to the Treasury of the introduction of the present family allowance to the first child.
§ Mr. DeanI have been asked to reply.
The gross cost of paying a family allowance of 90p for first and only children would be about £335 million a year. The net cost to public funds would be about £210 million after allowing for the adjustment of other social security benefits and income tax at 1972–73 rates.