§ 22. Mr. McBrideasked the Chancellor of the Exchequer what would be the total cost, in a full year, of granting complete remission of Income Tax to all persons still employed in industry, who are aged 70 years and over, and 75 years and over, respectively; and if he will make a statement.
§ Mr. MacDermotI regret this information is not available and I cannot anticipate my right hon. Friend's Budget statement.
§ Mr. McBrideIs my hon. and learned Friend aware that this is one of the aims of the old age pensioners' associations? Is he further aware that it would be highly desirable to give this concession to people who are still making a contribution to the economic life of the country?
§ Mr. MacDermotAlthough no precise figures are available it would prove more expensive than most people realise, but we will be glad to consider any representations on the subject.