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Welfare Tax Credits: Finance

Volume 475: debated on Tuesday 6 May 2008

To ask the Chancellor of the Exchequer if he will break down the prepared total managed expenditure 2006 to 2011 as included in Budget 2008 Table C9, for tax credits, by funding allocated for (a) working tax credit and (b) child tax credit, excluding the allocation for child allowances in income support and jobseeker's allowance. (202702)

The figures in Table C9 are of net payments on a cash basis. The detailed information needed to break these down between child tax credit and working tax credit is not available.

However, Table 3.1 at Note 3 to the HMRC Trust Statement for 2006-07 shows the full breakdown for HMRC expenditure in that year on an accruals basis. Note that these figures exclude the payments of child allowances in income support and jobseeker’s allowance, which are included in the tax credits figure shown in table C9, as explained in footnote 1 to that table.