HC Deb 01 April 1977 vol 929 c297W
Mr. Craigen

asked the Chancellor of the Exchequer what he estimates would be the cost of encouraging small savings generally by disregarding the first £20 of interest to persons liable to tax at the standard rate only.

Mr. Robert Sheldon

I regret that information is not available on which to base a precise estimate, but the cost would be unlikely to exceed £25 million.

Forward to