§ Mr. Jim CunninghamTo ask the Chancellor of the Exchequer what will be the average marginal tax rate for those families who qualify for the working families tax credit. [38220]
§ Dawn Primarolo[holding answer 8 April 1998]: About 65% of families who qualify for the Working Families Tax Credit will face a marginal deduction rate of between 66.7% and 69.9% (depending upon the exact rate at which they pay tax and NICs), with marginal rates cut for about 540,000 families, most by over 10 percentage points.