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Child Benefit

Volume 932: debated on Tuesday 24 May 1977

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asked the Chancellor of the Exchequer whether, further to his reply to the hon. Member for Brain-tree, Official Report, 4th May 1977 c. 179–80, he will indicate the main groups which would be worse off; and where the £80 million saving would come from.

The saving would arise mainly because those in receipt of a national insurance benefit in respect of their children would suffer a reduction in that benefit and in addition would lose the full value of their child tax allowances. Also, higher rate taxpayers would not be compensated for the loss of child tax allowances at the difference between the basic rate and their marginal rate.