§ Mr. OttawayTo ask the Chancellor of the Exchequer what estimate he has made of the full-year cost to the Exchequer from April 2000 of transferring an unused personal tax allowance to an earning spouse. [116067]
§ Dawn PrimaroloThe estimated cost for 2000–01 of allowing a married person to transfer an unused personal allowance to their earning spouse is £2,000 million. The estimated cost of allowing a married person to transfer a personal allowance in the way most beneficial to the couple, regardless of whether it would be otherwise unused, or either or both spouses are earning, is £4,250 million.