Post-War Credits
SIR,—With regard to the present limited field of payment of post-war credits, only the Chancellor' knows whether, in the • forthcoming Budget, the present age- limit "of sixty-five for men will be reduced. I feel, however, that the following point is worthy of consideration. In the case of couples who'were married before the outbreak of the last war the majority of them paid Income Tax on a joint assessment. Consequently the- additional tax-deduction affected both husband and wife. In cases where the. wife is older than the husband hardship arises. Many men are retired.compulsorily at the age of sixty with a consequent heavy reduction: in income. Where a man. is sixty and his wife sixty-five, there is at present no prospect of cashing the credits for another five years, when the wife (if she lives so long) will then be aged seventy. A single woman can obtain repayment at the age of sixty, and it is from this age (whether one is married or single)- that extra comforts are needed, and for these repayment would help to provide. -
I suggest therefore that, commencing this year, repayment might -be authorised in those cases where either the husband or wife has attained the age of sixty-five years.—Yours faithfully, E. T. Cox. 20 Victoria Square, Clifton, Bristol, 8.