Pensions: Tax Allowances

(asked on 23rd March 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the public purse of proposals to abolish the lifetime allowance cap per worker who is incentivised not to retire early.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 29th March 2023

Information on the abolition of the lifetime allowance can be found in the Pension Tax Limits Policy paper Pension Tax Limits - GOV.UK (www.gov.uk)

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