Written question asked by David Laws (Liberal Democrat) on Monday, 17 October 2011, in the House of Commons. It was due for an answer on Wednesday, 19 October 2011. It was answered by David Gauke (Conservative) on Monday, 24 October 2011 on behalf of the Treasury.
Pensions: Tax Allowances
- Question
- To ask the Chancellor of the Exchequer what estimate he has made of the revenue yield from restricting tax relief on pensions to 20% from incomes of £100,000 to incomes of £150,000 in each of the first three years after implementation; and if he will make a statement.
- Answer
-
HMRC estimate that the revenue yield from restricting tax relief on pensions to 20% on incomes from £100,000 to £150,000 would be £1 billion in each of the three years after implementation.This is on an accruals basis and excludes behavioural effects.
Secondary information
- Type
- Written question
- Reference
- 75951; 534 c24W
- Session
- 2010-12
- Subjects
- Pensions Tax allowances
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 04:27:07 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1643368
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1643368
- In Solr
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