Pensions: Tax Allowances

(asked on 10th July 2017) - View Source

Question to the HM Treasury:

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.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 13th July 2017

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

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