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Pensions

Volume 403: debated on Monday 10 March 2003

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To ask the Chancellor of the Exchequer what response he has made to the European Commission on its inquiry into whether UK pensions tax rules meet EC requirements. [101362]

In common with all other member states, the UK was asked to provide details of existing tax rules for pension schemes, and whether any changes to those rules were contemplated. The response was a factual description of the reliefs and tax treatment currently available. Reference was also made to the pensions simplification review then under way.