HC Deb 17 February 1965 vol 706 c230W
Mr. Pounder

asked the Chancellor of the Exchequer how many persons in receipt of the State retirement pension pay Income Tax on these pensions.

Mr. MacDermot

About 1½ million counting married couples as one.

Mr. Pounder

asked the Chancellor of the Exchequer what would be the cost, at current rates of Income Tax and of State retirement pensions, of exempting retirement pensioners from bearing Income Tax on their State pensions.

Mr. MacDermot

About £60 million in a full year.