HC Deb 09 August 1966 vol 733 c292W
Mr. John Page

asked the Chancellor of the Exchequer what would be the cost to the Treasury of making respectively widows' pensions, family allowances and retirement pensions non-taxable for Income Tax and Surtax purposes, both shown separately.

Mr. Diamond

For family allowances, about £26 million Income Tax and £½ million Surtax for a full year. It is not possible to give separate costs for exempting widows' pensions and retirement pensions; but for those pensions taken together the full year's cost would be about £90 million income tax and £1½ million surtax.