Occupational Pensions: Tax Allowances

(asked on 7th February 2020) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government, further to the Written Answer by Baroness Buscombe on 31 October 2018 (HL10750), how many (1) women, and (2) men, recorded in HMRC’s Real Time Information records, contributed to a relief at source pension scheme in the last tax year.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 24th February 2020

HMRC’s Survey of Personal Income (SPI) and administrative data was used to produce the estimates that follow. 2016-17 is the latest year where SPI data is available. The personal allowance in 2016/17 was £11,000, not £12,500 (which is the current personal allowance for 2019-20).

HMRC estimates that a total of 6.8m individuals made workplace pension contributions using relief at source via RTI in 2016-17. Around 45% of these individuals are estimated to be female and 55% are estimated to be male.

HMRC estimates that 1.3m individuals earning below the personal allowance in 2016-17 made workplace pension contributions via Real Time Information (RTI) using net pay arrangements. Around 75% of these individuals are estimated to be female and 25% are estimated to be male.

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