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Allowances

Volume 205: debated on Friday 13 March 1992

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To ask the Chancellor of the Exchequer what would be the revenue yield in 1992–93 from freezing (a) the married couple's allowance, (b) the additional pesonal allowance and (c) the widow's bereavement allowance, instead of index-linking them.

The yields in a full year at 1992–93 levels from freezing the married couple's allowance for those aged under 65 would be about £190 million. Corresponding yields for the additional personal allowance and the widow's bereavement allowance are about £10 million and under £5 million.