HC Deb 29 July 1974 vol 878 c86W
Mr. H. Boardman

asked the Chancellor of the Exchequer what is the estimated cost of giving relief from income tax on State pensions paid as social security benefits.

Dr. Gilbert

The estimated cost of exempting the national insurance retirement pension from tax for 1974–75 is about £320 million. Information on which to base an estimate in respect of other forms of State pension, such as widow s' pensions, is, I regret, not available.