§ 39. Mr. Kirbyasked the Chancellor of the Exchequer whether he will, when 1897 framing his Budget for the forthcoming financial year, consider exempting from Income Tax such income as is derived from old age pensions under the contributory Acts.
§ Sir J. AndersonI am afraid I could not see my way to adopt my hon. Friend's proposal. I would point out that the amount, if any, on which tax is actually payable in the case of a pensioner will depend, as in the case of any other taxpayer, on the total income of the recipient and the allowances and reliefs to which he is entitled.
§ Mr. KirbyIs the Chancellor aware that public opinion is growing very fast in relation to this matter in favour of such a proposal as is indicated by the Question?
§ Sir J. AndersonI am not aware of that.