§ Mr. Penhaligonasked the Chancellor of the Exchequer (a) what would be the cost of raising personal and child tax allowances to the following levels: single person £960, married person £1,280, child below 11 years of age £320, child 11 to 15 years of age £380, and child over 16 years of age £440, and (b) what would the cost be assuming that all tax-paying families were paying tax at the standard rate of 35 per cent.
§ Mr. Robert SheldonAt 1975–76 levels of income, the estimates of the full year costs of making the increases suggested, over and above those proposed in the Budget, are £2,800 million and £2,700 million respectively.