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713679

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Workplace Pensions: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the cost of extra tax relief due to lower than expected opt-out rates from workplace automatic enrolment in the tax years (1) 2013–14, (2) 2014–15, and (3) 2015–16.
	tabling member printed	Baroness Altmann
	uin	HL6276
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>Estimates are not available for the extra tax relief due to lower than expected opt-out rates from workplace automatic enrolment. However, the Government remains committed to supporting people saving for retirement.</p><p> </p><p>Automatic Enrolment has produced a significant change in private pension saving and has already reversed the decline seen in the decade prior to its introduction. As at the end of February, over 7.5 million people had been enrolled into a workplace pension.</p> answering member printed Baroness Neville-Rolfe question first answered 05/04/2017 10:47:29 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4533 label Biography information for Baroness Altmann

713677

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Pensions: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the savings to HM Treasury in terms of tax relief which would be gained if the annual allowance for pension contributions were reduced from £40,000 a year to (a) £30,000 a year, (2) £25,000 a year, and (3) £20,000 a year.
	tabling member printed	Baroness Altmann
	uin	HL6274
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The impacts of reducing the Annual Allowance from £40,000 a year would depend upon a number of factors including earnings growth and behavioural response to the policy change.</p><p> </p><p>A costings note for the reduction of the Annual Allowance from £50,000 to £40,000 and the Lifetime Allowance from £1.5 million to £1.25 million was published at Autumn Statement 2012<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] This policy costings document was published alongside Autumn Statement 2012</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf</a></p> answering member printed Baroness Neville-Rolfe question first answered 05/04/2017 11:09:19 answering member 4284 label Biography information for Baroness Neville-Rolfe attachment 1 file name as2012_policy_costings.pdf title policy costings
	tabling member	4533 label Biography information for Baroness Altmann

713678

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Pensions: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the cost of restricting pensions tax relief to basic rate tax relief only.
	tabling member printed	Baroness Altmann
	uin	HL6275
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The cost of restricting pensions tax relief to basic rate tax relief only would depend on how any changes were implemented. The impacts on tax receipts would also be subject to behavioural effects.</p> answering member printed Baroness Neville-Rolfe question first answered 05/04/2017 10:47:59 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4533 label Biography information for Baroness Altmann

713680

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Pensions: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the savings of (1) tax, and (2) National Insurance relief, of restricting the annual allowance for pension contributions in defined contribution pension schemes to £25,000 a year.
	tabling member printed	Baroness Altmann
	uin	HL6277
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The impacts of reducing the Annual Allowance from £40,000 a year would depend upon a number of factors including earnings growth and behavioural response to the policy change.</p><p> </p><p>A costings note for the reduction of the Annual Allowance from £50,000 to £40,000 and the Lifetime Allowance from £1.5 million to £1.25 million was published at Autumn Statement 2012<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] This policy costings document was published alongside Autumn Statement 2012</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf</a></p> answering member printed Baroness Neville-Rolfe question first answered 05/04/2017 11:09:30 answering member 4284 label Biography information for Baroness Neville-Rolfe attachment 1 file name as2012_policy_costings.pdf title policy costings
	tabling member	4533 label Biography information for Baroness Altmann

713681

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Pensions: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the savings of reducing the annual allowance for pension contributions in defined benefit pension schemes to £25,000 a year.
	tabling member printed	Baroness Altmann
	uin	HL6278
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The impacts of reducing the Annual Allowance from £40,000 a year would depend upon a number of factors including earnings growth and behavioural response to the policy change.</p><p> </p><p>A costings note for the reduction of the Annual Allowance from £50,000 to £40,000 and the Lifetime Allowance from £1.5 million to £1.25 million was published at Autumn Statement 2012<sup><sup>[1]</sup></sup>.</p><p> </p><p>[1] This policy costings document was published alongside Autumn Statement 2012</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221551/as2012_policy_costings.pdf</a></p> answering member printed Baroness Neville-Rolfe question first answered 05/04/2017 11:09:38 answering member 4284 label Biography information for Baroness Neville-Rolfe attachment 1 file name as2012_policy_costings.pdf title policy costings
	tabling member	4533 label Biography information for Baroness Altmann

713685

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Married People: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how much was budgeted for the Marriage Allowance in (1) 2015–16, and (2) 2016–17; and what are future expenditure projections for Marriage Allowance to 2019–20.
	tabling member printed	Lord Farmer
	uin	HL6282
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The Marriage Allowance was introduced in 2015-16 to recognise the importance of marriage in the tax system. Around 1.8m people have claimed the allowance to date.</p><p> </p><p>Our current best estimate assessment of the initial cost of this allowance is £140m in 2015-16, but this does not include the impact of any expected future claims, which can be backdated to this year. We forecast the total cost of this allowance to rise to £385m in 2015-16 once these claims are taken into account.</p><p> </p><p>An estimate of the initial cost of this allowance for 2016-17 will not be available until the end of the tax year. We forecast an eventual cost to the exchequer of £425m, once all backdated claims are taken into account.</p><p> </p><p>Marriage Allowance claims can be made up to 4 years after the tax year has finished. The expected future projections of the Marriage Allowance final cost for 2019-20 is not available because this depends on our forecast of backdated applications, and the forecast period does not currently extend out to 2023-24.</p><p> </p><p>HM Treasury does not hold information relating to the income deciles of claimants or successful applicants of the Marriage Allowance. Previous analysis of the total eligible population has shown the majority of the benefits of this policy go to the bottom half of the income distribution. Only basic rate taxpayers and non-taxpayers will benefit.</p><p> </p><p>HM Treasury does not hold information about how many individuals claiming Universal Credit are eligible for the Marriage Allowance.</p><p> </p><p>The number of claimants of Married Couple's Allowance by the income groups requested is set out for the latest outturn year available (2014-15):</p><p> </p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p>Thousand</p></td></tr><tr><td rowspan="2"><p>Percentile Groups (ranged on total income before tax)</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Bottom 20%</p></td><td><p>20%-50%</p></td><td><p>Top 50%</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>2014-15</p></td><td><p>31</p></td><td><p>304</p></td><td><p>385</p></td></tr></tbody></table><p> </p><p>The cost of the Married Couples Allowance is forecast to be £220m in 2016-17. It is expected that the cost of this relief will decline, as it is restricted to couples where at least one of them is born before 6 April 1935.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL6283 HL6284 HL6285 HL6286 HL6304 HL6305 HL6306 question first answered 05/04/2017 10:58:43 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4321 label Biography information for Lord Farmer

713686

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Married People: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how much was spent on Marriage Allowance in (1) 2015–16, and (2) 2016–17.
	tabling member printed	Lord Farmer
	uin	HL6283
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The Marriage Allowance was introduced in 2015-16 to recognise the importance of marriage in the tax system. Around 1.8m people have claimed the allowance to date.</p><p> </p><p>Our current best estimate assessment of the initial cost of this allowance is £140m in 2015-16, but this does not include the impact of any expected future claims, which can be backdated to this year. We forecast the total cost of this allowance to rise to £385m in 2015-16 once these claims are taken into account.</p><p> </p><p>An estimate of the initial cost of this allowance for 2016-17 will not be available until the end of the tax year. We forecast an eventual cost to the exchequer of £425m, once all backdated claims are taken into account.</p><p> </p><p>Marriage Allowance claims can be made up to 4 years after the tax year has finished. The expected future projections of the Marriage Allowance final cost for 2019-20 is not available because this depends on our forecast of backdated applications, and the forecast period does not currently extend out to 2023-24.</p><p> </p><p>HM Treasury does not hold information relating to the income deciles of claimants or successful applicants of the Marriage Allowance. Previous analysis of the total eligible population has shown the majority of the benefits of this policy go to the bottom half of the income distribution. Only basic rate taxpayers and non-taxpayers will benefit.</p><p> </p><p>HM Treasury does not hold information about how many individuals claiming Universal Credit are eligible for the Marriage Allowance.</p><p> </p><p>The number of claimants of Married Couple's Allowance by the income groups requested is set out for the latest outturn year available (2014-15):</p><p> </p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p>Thousand</p></td></tr><tr><td rowspan="2"><p>Percentile Groups (ranged on total income before tax)</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Bottom 20%</p></td><td><p>20%-50%</p></td><td><p>Top 50%</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>2014-15</p></td><td><p>31</p></td><td><p>304</p></td><td><p>385</p></td></tr></tbody></table><p> </p><p>The cost of the Married Couples Allowance is forecast to be £220m in 2016-17. It is expected that the cost of this relief will decline, as it is restricted to couples where at least one of them is born before 6 April 1935.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL6282 HL6284 HL6285 HL6286 HL6304 HL6305 HL6306 question first answered 05/04/2017 10:58:43 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4321 label Biography information for Lord Farmer

713687

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Married People: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how many (1) individuals, and (2) couples, currently in receipt of Universal Credit are eligible for the Marriage Allowance.
	tabling member printed	Lord Farmer
	uin	HL6284
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The Marriage Allowance was introduced in 2015-16 to recognise the importance of marriage in the tax system. Around 1.8m people have claimed the allowance to date.</p><p> </p><p>Our current best estimate assessment of the initial cost of this allowance is £140m in 2015-16, but this does not include the impact of any expected future claims, which can be backdated to this year. We forecast the total cost of this allowance to rise to £385m in 2015-16 once these claims are taken into account.</p><p> </p><p>An estimate of the initial cost of this allowance for 2016-17 will not be available until the end of the tax year. We forecast an eventual cost to the exchequer of £425m, once all backdated claims are taken into account.</p><p> </p><p>Marriage Allowance claims can be made up to 4 years after the tax year has finished. The expected future projections of the Marriage Allowance final cost for 2019-20 is not available because this depends on our forecast of backdated applications, and the forecast period does not currently extend out to 2023-24.</p><p> </p><p>HM Treasury does not hold information relating to the income deciles of claimants or successful applicants of the Marriage Allowance. Previous analysis of the total eligible population has shown the majority of the benefits of this policy go to the bottom half of the income distribution. Only basic rate taxpayers and non-taxpayers will benefit.</p><p> </p><p>HM Treasury does not hold information about how many individuals claiming Universal Credit are eligible for the Marriage Allowance.</p><p> </p><p>The number of claimants of Married Couple's Allowance by the income groups requested is set out for the latest outturn year available (2014-15):</p><p> </p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p>Thousand</p></td></tr><tr><td rowspan="2"><p>Percentile Groups (ranged on total income before tax)</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Bottom 20%</p></td><td><p>20%-50%</p></td><td><p>Top 50%</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>2014-15</p></td><td><p>31</p></td><td><p>304</p></td><td><p>385</p></td></tr></tbody></table><p> </p><p>The cost of the Married Couples Allowance is forecast to be £220m in 2016-17. It is expected that the cost of this relief will decline, as it is restricted to couples where at least one of them is born before 6 April 1935.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL6282 HL6283 HL6285 HL6286 HL6304 HL6305 HL6306 question first answered 05/04/2017 10:58:43 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4321 label Biography information for Lord Farmer

713688

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Married People: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what assessment they have made of the income profile of Marriage Allowance claimants.
	tabling member printed	Lord Farmer
	uin	HL6285
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The Marriage Allowance was introduced in 2015-16 to recognise the importance of marriage in the tax system. Around 1.8m people have claimed the allowance to date.</p><p> </p><p>Our current best estimate assessment of the initial cost of this allowance is £140m in 2015-16, but this does not include the impact of any expected future claims, which can be backdated to this year. We forecast the total cost of this allowance to rise to £385m in 2015-16 once these claims are taken into account.</p><p> </p><p>An estimate of the initial cost of this allowance for 2016-17 will not be available until the end of the tax year. We forecast an eventual cost to the exchequer of £425m, once all backdated claims are taken into account.</p><p> </p><p>Marriage Allowance claims can be made up to 4 years after the tax year has finished. The expected future projections of the Marriage Allowance final cost for 2019-20 is not available because this depends on our forecast of backdated applications, and the forecast period does not currently extend out to 2023-24.</p><p> </p><p>HM Treasury does not hold information relating to the income deciles of claimants or successful applicants of the Marriage Allowance. Previous analysis of the total eligible population has shown the majority of the benefits of this policy go to the bottom half of the income distribution. Only basic rate taxpayers and non-taxpayers will benefit.</p><p> </p><p>HM Treasury does not hold information about how many individuals claiming Universal Credit are eligible for the Marriage Allowance.</p><p> </p><p>The number of claimants of Married Couple's Allowance by the income groups requested is set out for the latest outturn year available (2014-15):</p><p> </p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p>Thousand</p></td></tr><tr><td rowspan="2"><p>Percentile Groups (ranged on total income before tax)</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Bottom 20%</p></td><td><p>20%-50%</p></td><td><p>Top 50%</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>2014-15</p></td><td><p>31</p></td><td><p>304</p></td><td><p>385</p></td></tr></tbody></table><p> </p><p>The cost of the Married Couples Allowance is forecast to be £220m in 2016-17. It is expected that the cost of this relief will decline, as it is restricted to couples where at least one of them is born before 6 April 1935.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL6282 HL6283 HL6284 HL6286 HL6304 HL6305 HL6306 question first answered 05/04/2017 10:58:43 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4321 label Biography information for Lord Farmer

713689

	registered interest
	date	23/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Married People: Tax Allowances
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how many people in the lowest two income deciles claim Marriage Allowance.
	tabling member printed	Lord Farmer
	uin	HL6286
	answer	answer is ministerial correction date of answer 05/04/2017 answer text <p>The Marriage Allowance was introduced in 2015-16 to recognise the importance of marriage in the tax system. Around 1.8m people have claimed the allowance to date.</p><p> </p><p>Our current best estimate assessment of the initial cost of this allowance is £140m in 2015-16, but this does not include the impact of any expected future claims, which can be backdated to this year. We forecast the total cost of this allowance to rise to £385m in 2015-16 once these claims are taken into account.</p><p> </p><p>An estimate of the initial cost of this allowance for 2016-17 will not be available until the end of the tax year. We forecast an eventual cost to the exchequer of £425m, once all backdated claims are taken into account.</p><p> </p><p>Marriage Allowance claims can be made up to 4 years after the tax year has finished. The expected future projections of the Marriage Allowance final cost for 2019-20 is not available because this depends on our forecast of backdated applications, and the forecast period does not currently extend out to 2023-24.</p><p> </p><p>HM Treasury does not hold information relating to the income deciles of claimants or successful applicants of the Marriage Allowance. Previous analysis of the total eligible population has shown the majority of the benefits of this policy go to the bottom half of the income distribution. Only basic rate taxpayers and non-taxpayers will benefit.</p><p> </p><p>HM Treasury does not hold information about how many individuals claiming Universal Credit are eligible for the Marriage Allowance.</p><p> </p><p>The number of claimants of Married Couple's Allowance by the income groups requested is set out for the latest outturn year available (2014-15):</p><p> </p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p>Thousand</p></td></tr><tr><td rowspan="2"><p>Percentile Groups (ranged on total income before tax)</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Bottom 20%</p></td><td><p>20%-50%</p></td><td><p>Top 50%</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>2014-15</p></td><td><p>31</p></td><td><p>304</p></td><td><p>385</p></td></tr></tbody></table><p> </p><p>The cost of the Married Couples Allowance is forecast to be £220m in 2016-17. It is expected that the cost of this relief will decline, as it is restricted to couples where at least one of them is born before 6 April 1935.</p> answering member printed Baroness Neville-Rolfe grouped question UIN HL6282 HL6283 HL6284 HL6285 HL6304 HL6305 HL6306 question first answered 05/04/2017 10:58:43 answering member 4284 label Biography information for Baroness Neville-Rolfe
	tabling member	4321 label Biography information for Lord Farmer