§ Mr. Hayhoeasked the Chancellor of the Exchequer what would be the expected tax yield if national insurance sickness and unemployment benefits were made taxable.
§ Mr. Robert SheldonThe information from which to make precise calculations is not available, but estimates of the tax yield for 1975–76, based on expenditure on benefits in Great Britain and calculated at benefit levels operative from November 1975, are:
£ million Sickness benefit … 150 Unemployment benefit … 180