HC Deb 14 December 1971 vol 828 c39W
37. Mr. Hamling

asked the Chancellor of the Exchequer what representations have been made to him concerning the impact of income tax on pensioners; and whether he will make a statement.

Mr. Higgins

We have received a number of proposals that pensions should be exempted from income tax or charged at a low rate, but to do this would breach the general principle that liability is based on total income without regard to the source from which the income is derived.