§ Mr. Rookerasked the Chancellor of the Exchequer what would be the increase in revenue if the operation of the age allowance were restricted to persons retired from full-time employment and in receipt of national insurance retirement pension.
§ Mr. RidleyThere would be a yield of about £50 million—in a full year at 1982–83 levels of income and tax rates—if the present age allowance for those aged 65 or 281W over were restricted to those who are retired from full-time employment and in receipt of a national insurance retirement pension.