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747343
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government whether they have estimated the number of workers earning below the personal tax threshold who have been automatically enrolled into a workplace pension scheme that operates on a Net Pay basis; and if not, why not. more like this
tabling member printed
Baroness Altmann more like this
uin HL320 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.</p><p> </p><p>The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in ‘Workplace Pensions: Update of analysis on Automatic Enrolment’. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.</p><p> </p><p>The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN
HL321 more like this
HL322 more like this
HL323 more like this
question first answered
less than 2017-07-11T15:55:57.683Zmore like thismore than 2017-07-11T15:55:57.683Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747344
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government against whom a worker earning £11,500 can claim if they discover that their employer has used a workplace pension scheme operating on a Net Pay basis for auto-enrolment, in order to recover the 25% taxpayer bonus they could have received in a Relief at Source scheme. more like this
tabling member printed
Baroness Altmann more like this
uin HL321 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.</p><p> </p><p>The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in ‘Workplace Pensions: Update of analysis on Automatic Enrolment’. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.</p><p> </p><p>The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN
HL320 more like this
HL322 more like this
HL323 more like this
question first answered
less than 2017-07-11T15:55:57.76Zmore like thismore than 2017-07-11T15:55:57.76Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747346
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what assessment they have made of the impact of low paid workers' claims against their employers for the money they are due in tax relief if it is denied to them by their employer's choice of pension scheme. more like this
tabling member printed
Baroness Altmann more like this
uin HL322 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.</p><p> </p><p>The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in ‘Workplace Pensions: Update of analysis on Automatic Enrolment’. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.</p><p> </p><p>The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN
HL320 more like this
HL321 more like this
HL323 more like this
question first answered
less than 2017-07-11T15:55:57.823Zmore like thismore than 2017-07-11T15:55:57.823Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747348
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions: Tax Allowances more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government whether low paid workers who earn less than the personal tax threshold may claim against the Pensions Regulator for failing to ensure that employers use a suitable auto-enrolment scheme that does not force them to pay more than they should for their pensions. more like this
tabling member printed
Baroness Altmann more like this
uin HL323 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.</p><p> </p><p>The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in ‘Workplace Pensions: Update of analysis on Automatic Enrolment’. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.</p><p> </p><p>The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN
HL320 more like this
HL321 more like this
HL322 more like this
question first answered
less than 2017-07-11T15:55:57.893Zmore like thismore than 2017-07-11T15:55:57.893Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747350
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what estimate they have made of the cost saving, in long-term expenditure on State Pensions, from changing the current triple lock into a double lock using the best of earnings or CPI inflation, from 2020 onwards. more like this
tabling member printed
Baroness Altmann more like this
uin HL324 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p><br>The Government is committed to ensuring economic security for people at every stage of their life, including when they reach retirement. The Government is also clear that fairness between the generations must be maintained. We are committed to the Triple Lock for the remainder of this Parliament. Economic forecasts suggest that State Pensions will go up by at least 2.5% each year for the length of this Parliament and so maintaining the Triple Lock for this Parliament will cost no extra money.</p><p> </p><p>It is estimated that uprating the State Pension by a double lock (highest of earnings or inflation) from April 2020 would reduce State Pension expenditure by the following compared to the Triple Lock:</p><p>(1) 0.03% of GDP in 2029/30;</p><p>(2) 0.08% of GDP in 2039/40;</p><p>(3) 0.13% of GDP in 2049/50;</p><p> </p><p>It is estimated that in 2066/67, uprating by a double lock would reduce State Pension expenditure by around 0.2% of GDP compared to uprating by the Triple Lock.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN HL325 more like this
question first answered
less than 2017-07-11T15:41:13.39Zmore like thismore than 2017-07-11T15:41:13.39Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747351
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what is their estimate of the cost saving over (1) 10 years, (2) 20 years, and (3) 30 years, of changing the current triple lock on State Pensions into a double lock consisting of the best of earnings or CPI inflation, from 2020 onwards. more like this
tabling member printed
Baroness Altmann more like this
uin HL325 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p><br>The Government is committed to ensuring economic security for people at every stage of their life, including when they reach retirement. The Government is also clear that fairness between the generations must be maintained. We are committed to the Triple Lock for the remainder of this Parliament. Economic forecasts suggest that State Pensions will go up by at least 2.5% each year for the length of this Parliament and so maintaining the Triple Lock for this Parliament will cost no extra money.</p><p> </p><p>It is estimated that uprating the State Pension by a double lock (highest of earnings or inflation) from April 2020 would reduce State Pension expenditure by the following compared to the Triple Lock:</p><p>(1) 0.03% of GDP in 2029/30;</p><p>(2) 0.08% of GDP in 2039/40;</p><p>(3) 0.13% of GDP in 2049/50;</p><p> </p><p>It is estimated that in 2066/67, uprating by a double lock would reduce State Pension expenditure by around 0.2% of GDP compared to uprating by the Triple Lock.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN HL324 more like this
question first answered
less than 2017-07-11T15:41:13.467Zmore like thismore than 2017-07-11T15:41:13.467Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
4533
label Biography information for Baroness Altmann more like this
747449
registered interest false more like this
date less than 2017-07-03more like thismore than 2017-07-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government, further to the answer by Lord Henley on 1 March concerning the Pensioners' Christmas Bonus (HL5502) what would the value of the £10 bonus be in real terms had the bonus been increased in line with the cost of living and increases in incomes. more like this
tabling member printed
Lord Stoddart of Swindon more like this
uin HL413 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Christmas Bonus was introduced in 1972 and was £10. If it had been increased in line with the cost of living, in 2016 its current value would be approximately £133. If it had been increased in line with average earnings, in 2016 it would be approximately £202.</p> more like this
answering member printed Baroness Buscombe more like this
question first answered
less than 2017-07-11T15:24:33.74Zmore like thismore than 2017-07-11T15:24:33.74Z
answering member
3349
label Biography information for Baroness Buscombe remove filter
tabling member
950
label Biography information for Lord Stoddart of Swindon more like this