asked the Chancellor of the Exchequer how much revenue was forgone in changes in income tax and child benefit combined in each of the last four Budgets; in each case what proportion was attributable to families with children; and what proportion of taxpayers have children.
The estimated costs of changes in income tax, proposed in each of the last four Budgets, at the income levels of the financial year to which they apply were set out in the Financial Statement and Budget Report issued at the time of each Budget. The references are as follows:
|Date of uprating
|Full year cost £ million