Proceeding contribution from Lord Skelmersdale (Conservative) in the House of Lords on Monday, 14 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
I am grateful to the Minister, and I am sure that the Pensions Action Group will be partially grateful. As the Minister has explained, if the recipients should have been paid at the time when the 10 per cent tax rate was operating, they will have to claim—that claim, under the normal government rules, will have to be validated—before they get a tax rebate. It is a rather strange way of operating, but I am afraid that from the Government’s point of view I must agree with the Minister that this is a proper administrative method to achieve the objective that he and I have sought to accomplish, so I am not going to press the amendment in any way.
Secondary information
- Type
- Proceeding contribution
- Reference
- 703 c1075
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Companies Annuities Competition Administrative delays Equality Health Eligibility Gender Income tax Divorce Insolvency Discrimination Financial assistance scheme Index linking Private sector Workplace pensions Pensions Lump sum payments Pension Protection Fund PAYE Scotland State retirement pensions Regulation Taxation Retirement State earnings related pension scheme Pensions Regulator Private equity Civil partnerships dissolution State second pension Impact assessments
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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