Written question asked by Nigel Waterson (Conservative) on Thursday, 26 November 1998, in the House of Commons. It was due for an answer on Thursday, 10 December 1998. It was answered by Patricia Hewitt (Labour) on Thursday, 10 December 1998 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what measures he is proposing to improve the tax position of pensioners. - Includes ref to Official Report 326 c187-211.

Answer: Mr. Waterson: To ask the Chancellor of the Exchequer what measures he is proposing to improve the tax position of pensioners. [61778] Ms Hewitt: In his statement to the House on the Comprehensive Spending Review, 14 July 1998, Official Report, columns 187-211, the Chancellor announced that, as part of a £2.5 billion package of support for pensioners, the Government would set a minimum tax guarantee, so that no pensioner would pay income tax unless their income rose above a specified level. The pre-Budget report confirmed that this level would be determined in the next Budget.

Secondary information