Working Families Tax Credit

HC Deb 15 February 1999 vol 325 c589W

Mr. Hancock

To ask the Chancellor of the Exchequer what the cost will be of the working families tax credit in its first year. [70277]

Dawn Primarolo

The total cost of the Working Families Tax Credit in 2000–01, the first full year of the credit, is estimated to be about £4.3 billion.