HC Deb 22 February 1973 vol 851 cc215-6W
35. Mr. Iremonger

asked the Chancellor of the Exchequer by what percentage the value of luncheon vouchers has fallen since they were first exempted from assessment in computing the tax- payer's total income; and if he will now raise the limit of the amount so exempted to restore it to the previous value.

Mr. Patrick Jenkin

Since the present concession was announced in 1959 the value of a voucher has fallen by 44 per cent. I have noted my hon. Friend's suggestion.