§ Mrs. Chalkerasked the Chancellor of the Exchequer what savings he anticipates making in 1978–79 by ceasing the child tax allowances for children resident overseas.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 6th May 1977], circulated the following answer:
It is proposed that for 1978–79 the child tax allowances for non-resident children should be at the same level as for resident children, but until this level has been determined it is not possible to estimate the savings.
§ Mrs. Chalkerasked the Chancellor of the Exchequer if he will estimate the cost of retaining child tax allowances for children overseas born before 31st December 1976 until they cease entitlement on age or other grounds.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 6th May 1977], gave the following answer:
I regret that the information on which to base an estimate is not available.
§ Mrs. Chalkerasked the Chancellor of the Exchequer what is the latest annual cost of granting child tax allowances for children resident overseas.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 6th May 1977], gave the following answer:
Assuming a basic rate of tax of 33 per cent., about £45 million for 1977–78.