Written question asked by David Leslie Taylor (Labour) on Monday, 23 March 2009, in the House of Commons. It was due for an answer on Wednesday, 25 March 2009. It was answered by Ian Pearson (Labour) on Monday, 20 April 2009 on behalf of the Treasury.
Personal Equity Plans
- Question
- To ask the Chancellor of the Exchequer how much revenue was derived by the Exchequer from the taxation of personal equity plans in each year since such plans have been in operation.
- Answer
-
Personal Equity Plans were tax-advantaged savings products, not revenue-raising schemes.When ISAs were introduced in 1999, PEPs initially continued to exist but could not be subscribed to, and new accounts could not be opened. However, from April 2008, all PEPs automatically became stocks and shares ISAs as part of the ISA reforms. PEPs are therefore no longer in operation.
Secondary information
- Type
- Written question
- Reference
- 491 c377W; 266575
- Session
- 2008-09
- Subjects
- Personal equity plans
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 22:55:34 +0000
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1406510
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