Oral Answers to Questions

Debate between Lord Harrington of Watford and Nigel Evans

Monday 21st November 2016 Commons Chamber

[Mr Nigel Evans (Ribble Valley) (Con)]

T4. These days, many more people seem to be working until they are much older, and few things are more depressing than such people retiring after having worked and put into their private pensions and then getting hammered with taxation until they drop. Is the Department in discussions with the Chancellor about imaginative ways of rewarding people who have worked all their lives and have just done the right thing?

[Richard Harrington]

I sincerely hope that my hon. Friend does not work until he drops, but I take his main point that people are retiring later. As part of the policy of continually reducing taxation on people, I am sure that the Treasury will be looking at the matter in future. With pension freedoms and the tax-free element that pensioners enjoy, the good news is that there is much more scope for pensioners to do the kind of thing he mentions.