HC Deb 10 July 1979 vol 970 c153W
Mr. Best

asked the Chancellor of the Exchequer if he will give the cost of making all retirement and other pensions tax-free following the recent Budget.

Mr. Peter Rees

The cost of exempting national insurance retirement pensions, and widows' pensions for all widows, would be about £730 million in a full year at 1979–80 income levels.

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