Children's Tax Credit (Hansard, 10 January 2001)

HC Deb 10 January 2001 vol 360 c568W 568W

§ Mr. Webb
To ask the Chancellor of the Exchequer if he will estimate the yield from reducing the annual threshold at which the children's tax credit begins to be tapered away by(a) £1,000, (b) £2,000, (c) £3,000, (d) £4,000 and (e) £5,000. [144358]

§ Dawn Primarolo
[holding answer 8 January 2001]: The estimated full year yield from reducing the annual threshold at which the Children's Tax Credit (CTC) begins to be tapered away for 2001–02 is given in the table.

Reduction to CTC threshold Estimated full year yield (£ million)

£1,000 30

£2,000 60

£3,000 90

£4,000 130

£5,000 170

Reduction to CTC threshold	Estimated full year yield (£ million)
£1,000	30
£2,000	60
£3,000	90
£4,000	130
£5,000	170