HC Deb 11 July 1983 vol 45 c252W
Mr. Frank Field

asked the Chancellor of the Exchequer what would be the cost of reintroducing a reduced band of tax at 25 per cent. for the first £750 of taxable income.

Mr. Ridley

The cost would be about £850 million in a full year, at 1983–84 levels of income and allowances.