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Child Benefit

Volume 487: debated on Wednesday 11 February 2009

To ask the Chancellor of the Exchequer what estimate he has made of the cost to the Exchequer of increasing child benefit for the first child by (a) £1, (b) £1.50, (c) £2, (d) £2.50, (e) £3, (f) £3.50 and (g) £4 per week above indexation in 2010-11 in each of the next five years; and if he will make a statement. (255658)

The estimated annual cost of increasing the first child rate by the requested amounts are shown in the following table.

Estimated cost to the Department

£ million

Increasing child benefit for the first child by:

2010-11

2011-12

2012-13

2013-14

2014-15

£1

390

390

410

420

430

£1.50

590

610

630

650

670

£2

780

810

820

850

880

£2.50

980

1,000

1,040

1,070

1,100

£3

1,180

1,200

1,240

1,290

1,340

£3.50

1,370

1,400

1,430

1,490

1,550

£4

1,570

1,590

1,650

1,700

1,750