§ Mr. Austin Mitchell
asked the Chancellor of the Exchequer whether he will provide estimates for child benefit costs on the same basis for 1987–88 as in the figures given in his answer of 25 July, Official Report, at column 667.
§ Mr. Norman Lamont
[pursuant to his reply, 26 March 1987, c. 268]: The information in the table, as with my previous reply of 25 July 1986, at columns 667–68, relates to Great Britain. The first line gives the level of child benefit on a revenue neutral basis if it were made taxable.
Level of child benefit in 1987–88 Gross cost of increasing child-benefit from £7.25 per week Yield from taxing child benefit £ per week £ million per year £ million per year 9.70 1,500 1,500 15.00 4,900 2,400 20.00 8,000 3,300