HC Deb 30 March 1982 vol 21 c95W
Mr. Hordern

asked the Chancellor of the Exchequer how much revenue would be saved if child benefit were made subject to tax first at all levels, and secondly to tax at higher levels only.

Mr. Ridley

In a full year, at 1982–83 levels of income, benefits, tax rates, and so on, the estimated yield would be about £1 billion if child benefit were subject to tax at basic and higher rates, and about £100 million if it were taxed only at the higher rates.