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Tax Allowances: Pensions

Volume 501: debated on Wednesday 25 November 2009

To ask the Chancellor of the Exchequer what estimate he has made of the tax revenue which would be raised by limiting tax relief on pension contributions to the basic rate of income tax only for all taxpayers in 2009-10. (300728)

Latest detailed estimates of the annual cost of tax relief in relation to registered pension schemes are available in Table 7.9 on HM Revenue and Customs website at:

http://www.hmrc.gov.uk/stats/pensions/menu.htm