Ivan Yates
Question:105 Mr. Yates asked the Minister for Finance the cost of raising tax free allowances to the present level of exemption allowances.
Written Answers. - Tax Free Allowances.
Assuming the enactment of this year's Finance Bill the estimated full year cost to the Exchequer, in terms of the 1993-94 income tax year, of the increases mentioned in the question is approximately £548 million.