§ 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.