§ 21. Dr. A. Glynasked the Chancellor of the Exchequer whether he is aware that the Distinguished Conduct Medal is the only award for gallantry the financial benefits of which are subject to tax; and if he will consider, in his forthcoming Budget, exempting such payments from taxation.
Mr. AmoryThere are other awards for gallantry besides the D.C.M. the financial benefits of which are subject to Income Tax. As regards the second part of the Question, I cannot anticipate my Budget statement.
§ Dr. GlynDoes not my right hon. Friend agree that awards for gallantry 219 are somewhat different from normal pensions, and that, since the sum involved is very small, he could quite easily, without much loss to the Exchequer, exempt them from tax?