163 Mr. Cox asked the Minister for Finance the cost in gross and net terms to index income taxation for all bands and allowances from 6 April 1994 to 31 December 1994, and in a full year.

The only relevant information available as to cost is in relation to the direct cost to the Exchequer in income tax foregone if the changes referred to in the question were enacted for the income tax year 1994-95.