§ 61. Mr. Redmondasked the Chancellor of the Exchequer whether, in his next Budget, he will reduce income tax on National Insurance retirement pensions where people have continued to work for a number of years after receiving their pensions so as to enable them to put part of their pension aside to help them in their less active old age and again save the State from contributing to their upkeep.
§ Mr. HigginsI have noted my hon. Friend's suggestion but as my hon. Friend the Financial Secretary said in his reply to my hon. Friend the Member for Harrow, East (Mr. Dykes) on 21st July, we do not think that it would be right to single out for special tax relief retirement pensioners who have more than one source of income.