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Tax Allowances: Pensions

Volume 488: debated on Tuesday 24 February 2009

To ask the Chancellor of the Exchequer if he will estimate the cost to the Exchequer of tax relief on pension contributions for both (a) employees and (b) employers in each financial year from 2009-10 to 2014-15. (257647)

Estimates on the costs of tax reliefs on pension contributions beyond 2008-09 are not available.

The estimate for the costs of tax reliefs on pension contributions for 2008-09 can be found at:

http://www.hmrc.gov.uk/stats/tax_expenditures/table1-5.pdf

The latest information on the previous costs of tax relief on pension contributions to 2007-08 can be found at:

http://www.hmrc.gov.uk/stats/pensions/table7-9.pdf