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Self-Employed Persons (Retirement Annuity)

Volume 990: debated on Monday 4 August 1980

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asked the Chancellor of the Exchequer if he will estimate the cost of allowing those born before 1 January 1920 and 1 January 1930, respectively, to invest 20 per cent., 25 per cent., and 30 per cent. of their incomes in a self-employed retirement annuity in lieu of the 17½ per cent. allowed in the Finance Act 1980.