Pensions: Tax Allowances

HM Treasury written question – answered on 3rd November 2015.

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Photo of Jeremy Lefroy Jeremy Lefroy Conservative, Stafford

To ask Mr Chancellor of the Exchequer, what estimate he has made of the projected level of income tax that will be forgone by the taxpayer by providing higher rate income tax relief on pension contributions in (a) 2016-17, (b) 2017-18, (c) 2018-19 and (d) 2019-20.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

Information on the total cost of pensions tax relief is published in HM Revenue and CustomsNational Statistics table PEN6, available on GOV.UK: https://www.gov.uk/government/statistics/registered-pension-schemes-cost-of-tax-relief

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