§ Sir W. Bromley-Davenportasked the Chancellor of the Exchequer whether, in his forthcoming Budget, he will give consideration to retired elderly people whose pension and income may slightly exceed the age relief provisions, in view of the big tax gap between such people and those who can benefit by the relief provisions, by increasing such tax relief, especially as such pensions do not carry capital.
§ Mr. CallaghanI have noted the hon. and gallant Member's representations; but I would remind him that there are marginal relief provisions associated with age relief which avoid a big jump in liability where the elderly person's income is slightly above the income limit for age relief.