§ Sir Richard Glynasked the Chancellor of the Exchequer what would be the cost in 1963–64 and in a full year, respectively, at the present rate of Income Tax, of an increase in the income limit for full relief to persons over 65 years of age with small incomes to £450 for single persons and to £750 joint income for married persons.
§ Mr. BarberThe estimated cost of allowing age exemption up to the limits suggested is about £15 million in 1963–64 and £25 million in a full year.