Pensions: Tax Allowances

(asked on 1st September 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value of tax relief on pension contributions for (a) all, (b) higher rate and (c) basic rate tax payers in (i) England, (ii) Scotland, (iii) Wales and (iv) Northern Ireland was for the 2022-23 financial year; and if he will provide a breakdown of figures by parliamentary constituency.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Shadow Secretary of State for Environment, Food and Rural Affairs
This question was answered on 6th September 2023

Estimates of income tax relief provided at the Basic, Higher and Additional rates on pension contributions for the 2020- 2021 tax year can be found in Table 6.1 of The Private pension statistics publication.

Estimates for the 2021-2022 tax year will be published on 27th September 2023. Data for the 2022-2023 tax year is not yet available. Regional breakdowns on pensions tax relief are not published by HMRC and could only be provided reliably at disproportionate cost.

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