Written question asked by David Laws (Liberal Democrat) on Thursday, 1 December 2011, in the House of Commons. It was due for an answer on Monday, 5 December 2011. It was answered by David Gauke (Conservative) on Monday, 12 December 2011 on behalf of the Treasury.
Taxation: Pensions
- Question
- To ask the Chancellor of the Exchequer what recent estimate he has made of the cost of restricting tax relief on pensions to 20 per cent. on incomes of over £100,000 per annum; and if he will make a statement.
- Answer
-
HMRC estimate that the revenue yield from restricting tax relief on pensions to 20% on incomes over £100,000 per annum would be £3.6 billion in 2012-13, when compared to a position of full relief on contributions up to £50,000. This is on an accruals basis and excludes behavioural effects.
Secondary information
- Type
- Written question
- Reference
- 85200; 537 c539W
- Session
- 2010-12
- Subjects
- Pensions Taxation
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 04:26:06 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1656756
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1656756
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1656756