Pensions: Tax Allowances

(asked on 23rd March 2017) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government what estimate they have made of the cost of restricting pensions tax relief to basic rate tax relief only.


Answered by
Baroness Neville-Rolfe Portrait
Baroness Neville-Rolfe
Minister of State (Cabinet Office)
This question was answered on 5th April 2017

The cost of restricting pensions tax relief to basic rate tax relief only would depend on how any changes were implemented. The impacts on tax receipts would also be subject to behavioural effects.

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