§ Mr. Timothy Smithasked the Chancellor of the Exchequer what would be the costs of freeing widows pensions from income tax and retirement pensions from income tax.
§ Mr. RidleyIn a full year, at 1982–83 levels of income, the cost of exempting national insurance widows benefits from income tax would be about £120 million; and that of exempting national insurance retirement pensions, including those paid to widows, would be about £1.3 billion.