Skip to main content

Pension Funds: Taxation

Volume 461: debated on Tuesday 12 June 2007

To ask the Chancellor of the Exchequer what projection he has made of how the changes to income tax and national insurance announced in the Budget will affect the value of tax relief on pension contributions in future years. (141540)

No projections have been made of how the changes to income tax and national insurance announced in the Budget will affect the value of tax relief on pension contributions in future years. Estimates of the annual cost of tax relief on approved pension schemes are publicly available. I refer the hon. Gentleman to the reply given to the hon. Member for Yeovil (Mr. Laws) on 27 March 2007, Official Report, column 1513W.