§ Mr. WebbTo ask the Chancellor of the Exchequer what estimate he has made of the cost to the Exchequer of the childcare tax credit element of the proposed working families tax credit; and how much of this expenditure will go to those who would otherwise be(a) non-taxpayers, (b) lower rate taxpayers, (c) standard rate taxpayers and (d) higher rate taxpayers. [55386]
§ Dawn PrimaroloThe latest estimate of the cost of the childcare tax credit in the Working Families Tax Credit is £200 million in 2000–01, the first full year of the tax credit. Reliable estimates of the cost by the marginal rate of tax of the recipient are not available.