Child Benefit: Expenditure

Treasury written question – answered on 30th April 2008.

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Photo of Danny Alexander Danny Alexander Liberal Democrat, Inverness, Nairn, Badenoch and Strathspey

To ask the Chancellor of the Exchequer what estimate he has made of likely expenditure on child benefit in each year until 2012.

Photo of Jane Kennedy Jane Kennedy Financial Secretary, HM Treasury

The projected annual expenditure on child benefit is shown in the following table:

Expenditure (£ million)
2008-09 10,950
2009-10 11,550
2010-11 11,850
2011-12 12,320
2012-13 12,705

These projections are based on indexation of the current first and subsequent child rates of child benefit in line with prices, and projections of the number of children in the UK from the Office for National Statistics (ONS). It also takes into account the Budget 2008 measure of increasing the first child rate to £20.

Retail Price Index assumptions may be found in Table C3: Economic assumptions for the public finance projections in Budget 2008:

http://www.hm-treasury.gov.uk/budget/budget_08/report/bud_bud_08_repindex.cfm

ONS population projections may be found at:

http://www.statistics.gov.uk/downloads/theme_population/NPP-2006/NPP06_NSOnline.pdf

The projections are not a statement of Government policy in relation to financial support for children, and the Government remains committed to meeting its targets to halve child poverty by 2010-11 and eradicate it by 2020-21.

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