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Written question asked by Steve Webb (Liberal Democrat) on Tuesday, 14 December 1999, in the House of Commons. It was due for an answer on Tuesday, 1 February 2000. It was answered by Baroness Primarolo (Labour) on Tuesday, 1 February 2000 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, if he will estimate the yield from tapering away child benefit in the hands of the highest earner in a couple according to the thresholds and tapering mechanism envisaged for child tax credits.
Answer

Mr. Webb: To ask the Chancellor of the Exchequer if he will estimate the yield from tapering away child benefit in the hands of the highest earner in a couple according to the thresholds and tapering mechanism envisaged for child tax credits. [103146] Dawn Primarolo: The Government have introduced child tax credits in the WFTC and will introduce a separate children's tax credit from April 2001. The two credits have very different withdrawal mechanisms and without a clearer guide as to which should be applied it is not possible to answer the question.


Secondary information

Type
Written question
Reference
343 c579W;343 c578W; 103146
Session
1999-00
Subjects
Child benefit Children's tax credit Tax yields