Written Questions are submitted by MPs or Lords to receive information from a Department.
|13 Jul 2017, 3:11 p.m.||Pensions: Tax Allowances||Mr Gregory Campbell|
To ask Mr Chancellor of the Exchequer, what the total amount of tax relief paid by higher rate taxpayers who had contributed to their pensions in that year was in the most recent year for which figures are available.
Answer (Mel Stride)
The estimated cost to the Exchequer from tax relief on pension contributions may be found in the published National Statistics produced by HMRC here: https://www.gov.uk/government/statistics/registered-pension-schemes-cost-of-tax-relief
Estimates of the number of people making contributions into personal pensions and the value of their contributions by different income levels can be found in Table 3.8 at the following link: