Written question asked by James Clappison (Conservative) on Tuesday, 24 September 2002, in the House of Commons. It was due for an answer on Tuesday, 15 October 2002. It was answered by Baroness Primarolo (Labour) on Tuesday, 15 October 2002 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what estimate he has made of the total annual cost to PEP investors of the reduction in the dividend tax credit in April 1999 in each subsequent financial year; how many (a) general and (b) single company PEP plans were in existence in (i) 1999-2000, (ii) 2000-01 and (iii) 2001-02; and how many UK individuals had investments in PEPs in each year; what estimate he has made of the average annual cost to (a) each PEP plan and (b) each PEP investor of the reduction in the dividend tax credit to PEPs in April 1999 in the financial years (a) 1999-2000, (b) 2000-01 and (c) 2001-02. - Inc figures.

Secondary information