HC Deb 18 December 1958 vol 597 cc265-6W
63. Mr. Chetwynd

asked the Chancellor of the Exchequer whether he will arrange for outstanding post-war credits to be repaid in monthly instalments to widows and others in need.

Mr. Simon

I have noted the hon. Member's suggestion.

65. Mr. Lewis

asked the Chancellor of the Exchequer whether he will arrange to transfer the total amount of post-war credits into Premium Bond savings and issue to holders of post-war credits a special Premium Bond which would be included in the monthly prize draw, but only encashable by the holder on production of his or her birth certificate, at the age of 65 years for men and 60 years for women.

Mr. Simon

No.

Mr. Lewis

asked the Chancellor of the Exchequer whether in his forthcoming Budget, he will take the necessary action to ensure the repayment of post-war credits on the basis of 100 per cent. repayment to all those who in the last financial year paid no Income Tax, and to institute a graduated scheme of repayment, on the basis of repayment to those in the lower Income Tax groups first, up to, but excluding, those in the surtax range.

Mr. Simon

I have noted the hon. Member's suggestion, but I cannot anticipate my right hon. Friend's Budget Statement.