§ Mr. Austin Mitchellasked the Chancellor of the Exchequer (1) what would be the cost in 1983–84 of abolishing age allowances for (a) married couples and (b) single persons;
(2) what would be the cost of abolishing the clawback of age allowances in 1983–84 for (a) married couples and (b) single persons.
§ Mr. RidleyThe information is as follows. The estimates are for a full year at 1983–84 income levels, with income tax allowances and thresholds indexed from their 1982–83 levels by reference to the statutory formula.
£ million (a) Married couples (b) Single persons Abolition of excess of age allowance over ordinary allowance Yield 300 Yield 190 Abolition of income limit Cost 95 Cost 25