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Written question asked by Gregory Campbell (Democratic Unionist Party) on Monday, 10 July 2017, in the House of Commons. It was due for an answer on Thursday, 13 July 2017 (named day). It was answered by Mel Stride (Conservative) on Thursday, 13 July 2017 on behalf of the Treasury.


Pensions: Tax Allowances

Question

To ask Mr Chancellor of the Exchequer, what the total amount of tax relief paid by higher rate taxpayers who had contributed to their pensions in that year was in the most recent year for which figures are available.

Answer

The estimated cost to the Exchequer from tax relief on pension contributions may be found in the published National Statistics produced by HMRC here: https://www.gov.uk/government/statistics/registered-pension-schemes-cost-of-tax-relief

Estimates of the number of people making contributions into personal pensions and the value of their contributions by different income levels can be found in Table 3.8 at the following link:

https://www.gov.uk/government/statistics/deductions-and-reliefs-2010-to-2011


Secondary information

Type
Written question
Reference
3897
Session
2017-19
Subjects
Pensions Tax allowances
Contains statistics
Yes
Link
View this Written question on www.parliament.uk