Child Care Tax Allowances (Hansard, 27 February 1992)

HC Deb 27 February 1992 vol 204 c543W 543W

§ Ms. Armstrong
To ask the Chancellor of the Exchequer if he will estimate the effect on Treasury revenues in 1992–93 and in a full year of extending the exemption of workplace nurseries from income tax as a benefit in kind to all forms of employer-provided or subsidised child care.

§ Mr. Maude
The annual cost would be approximately £5 million at current levels of provision and subsidies for child care. This estimate takes no account of behavioural effects, which could be substantial.