HC Deb 14 January 1976 vol 903 c159W
Sir J. Eden

asked the Chancellor of the Exchequer whether he is aware that some contributors to the retirement annuity scheme introduced in 1956 are now subject to such a high level of taxation on these annuities that they are unlikely to recover during their lifetime in annuities as much money as they paid in premiums; and whether arrangements can be made to allow a larger degree of commutation for persons in such circumstances.

Mr. Robert Sheldon

If the right hon. Gentleman would care to let me have an example of the kind of case he has in mind I will be glad to look into the position.