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Mrs. May
To ask the Chancellor of the Exchequer if he will make a statement on the Inland Revenue definition of millennium conversion expenditure used for taxation purposes; and to what extent the definition includes expenditure on the development of new systems. [39153]
Dawn Primarolo
The estimated cost of allowing married couples with children to transfer their unused personal allowance to their spouse are given in the table.
| Full year cost at 1998–99 income levels | ||
| £ billion | ||
| Assuming married couple's allowance is retained | Assuming married couple's allowance is not given1 | |
| Married couples where youngest child is: | ||
| Under 5 | 0.8 | 0.6 |
| Under 11 | 1.1 | 0.8 |
| Under 16 | 1.3 | 0.9 |
| 1 Couples are given the choice between transferring their unused personal allowance but losing their married couple's allowance (MCA), or keeping their MCA and not transferring. | ||