Ivan Yates
Question:216 Mr. Yates asked the Minister for Finance the cost of widening the standard rate of tax to apply to the first £10,000 of income for a single person and £20,000 of income for a married couple.
Written Answers. - Standard Tax Rate Band.
The full year cost to the Exchequer, estimated by reference to the income tax year 1994-95, arising from the change mentioned in the question is £230 million.