HC Deb 07 March 1966 vol 725 c435W
Mr. William Clark

asked the Chancellor of the Exchequer what would be the cost to the National Exchequer if earned income relief were given on investment income up to £5,000 per annum, total earned and unearned, for taxpayers over the age of 65 years.

Mr. MacDermot

About £30 million for a full year.