Skip to main content

Government Stock

Volume 892: debated on Friday 16 May 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer what would be the estimated cost in the current year and in subsequent years of allowing the interest on 3½ per cent. war stock to be tax free to holders who fulfil both of the following conditions, (a) have held the stock since before 1945 and (b) are over pensionable age on or before 5th April; and what would be the estimated extra cost of including all undated Government stock.

I regret that the information on which to base an estimate is not available.