§ Sir George Youngasked the Chancellor of the Exchequer what is the weekly value of the child tax allowance for a family with one, two, three, four, five and six children under 11 years of age, respectively.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 7th June 1976; Vol. 912, c. 554], gave the following reply:
Assuming the tax rates and allowances proposed for 1976–77 and sufficient taxable income to obtain the full relief the weekly values of the child tax allowances, at the basic rate of tax are as follows:—
£ One child not over 11 2.02 Two children not over 11 4.04 Three children not over 11 6.06 Four children not over 11 8.08 Five children not over 11 10.10 Six children not over 11 12.12