Early day motion tabled by primary sponsor Lord Mann (Labour), on Wednesday, 4 March 2009, in the House of Commons. It is signed by 34 members in total.

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TAX AND PENSIONERS

That this House believes that the taxation of workers' pensions continues to act as a deterrent to saving and disadvantages those workers who have invested in pensions throughout their working life, including members of the coal miners pension fund; further believes that as a fiscal stimulant and a reward for saving, pensioners should be exempt from taxation for the first ??15,000 of income and that taxation levels for pensioners in excess of ??50,000 a year should be significantly increased, with those receiving a pension of over ??700,000 a year being taxed at 90 per cent., leaving a pensionable income of ??70,000 which is more than enough for any pensioner.

Amendments

The Early day motion has received an amendment.

TAX AND PENSIONERS (984A1)

The Early day motion has received an amendment sponsored by Bob Spink (primary, Independent (affiliation)) and tabled on Monday, 9 March 2009. It has been signed by 1 members in total.

leave out from `increased' to end.

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Secondary information

Type

Early day motion

Reference

984 

984A1 

Session

2008-09

Other sponsors

Lynne Jones

Gordon Prentice

David Chaytor

Ann Cryer

David Drew

Subjects

Pensions Taxation

Link

View this Early day motion on www.parliament.uk