Pensions: Tax Allowances

(asked on 24th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the total value was of pension tax relief to people paying the (a) 20% and (b) 40% rate in the latest period for which data is available.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 31st October 2024

Information on estimates of Income Tax relief on pension contributions can be found online in Table 6 of the Private Pension Statistics publication. Estimates of the total value of Income Tax and National Insurance contribution relief, broken down by the rate at which the contributions were relieved, can be found in Tables 6.1 and 6.2 of the publication respectively.

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