Taxation

(asked on 6th November 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the change in tax revenue as a result of the introduction of new pension freedoms.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
Shadow Minister (Business and Trade)
This question was answered on 16th November 2015

The expected impact over the forecast period of the changes made to private pensions taxation as announced at Budget 2014 can be found in Table 2.1 (p.56) of the Budget 2014 document here:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/293759/37630_Budget_2014_Web_Accessible.pdf


Following a consultation period the Chancellor made subsequent announcements relating to this measure. The Exchequer impact of these can be found in Table 2.1 (p.65) of the Autumn Statement 2014 document here:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/382327/44695_Accessible.pdf

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