§ Mrs. Wiseasked the Chancellor of the Exchequer what is the estimated cost of raising the thresholds at which higher rates of taxes apply, as proposed in his Budget speech of 6th April 1976.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 14th June 1976; Vol. 913, c. 26], gave the following information:
The estimated full year cost is £103 million as given in the Financial Statement and Budget Report for 1976–77.