§ Sir Brandon Rhys Williams
asked the Prime Minister what would have been the net cost in 1985–86 of replacing all existing personal income tax allowances with tax-free, non means-tested tax credits or basic incomes of (a) £13, (b) £14, and (c) £15 per week per adult, aged 16 years and over, assuming reductions in all existing Department of Health and Social Security, Department of Employment and Department of Education and Science benefits and allowances to take account of the change.
§ The Prime Minister
The extra tax revenues raised from abolishing personal allowances and taxing income from the first pound in 1985–86 would have been £24 billion from persons who are currently on Inland Revenue records. There would be an additional yield from persons with small incomes below the tax threshold. The cost of tax credits of(a) £13, (b) £14 and (c) £15 a week for all residents aged 16 or over would have been (a) £30 billion, (b) £32½ billion and (c) £35 billion. The effect on benefits and allowances would depend on the precise way in which changes in income associated with the change to tax credits were taken into account.
Agriculture Committee Committee, Session, Report and Date Main Recommendations Accepted Session 1985–86 Sixth Report 1984–85: The United Kindom Government Agricultural Development and Advisory Services including Lower Input Farming Community wide movement towards lower production. Government should press for such a reduction for commodities in structural surplus within the CAP. Different systems of production including those involving the use of Lower inputs, should be investigated by MAFF. The social cost of changes in Conservation policy should be borne by recognised sources of funding, including those from the European Community.
Defence Committee, Session, Report and Date Main Recommendations Accepted Session 1984–85 First Report: The use of merchant shipping for defence purposes—June 1985 That the Statement on Defence Estimates should include manpower figures, for officers and ratings in the United Kingdom merchant fleet, in comparison with those for earlier years.