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1661506

registered interest
date	18/09/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what the total amount of tax relief on all pensions was for the last five years.
tabling member printed	Lord Field of Birkenhead
uin	HL10229
answer	answer is ministerial correction date of answer 02/10/2023 answer text <p>Information on estimates of Income Tax relief on pension contributions and investment income of pension funds can be found online in Table 6 of the Private pension statistics publication. Estimates for the tax years 2018 to 2019 to 2020 to 2021 have been reproduced in Table 1 below.</p><p><strong> </strong></p><p><strong>Table 1: Total pension Income Tax relief for tax years 2018 to 2019 to 2020 to 2021.</strong></p><table><tbody><tr><td><p><strong>Tax year</strong></p></td><td><p><strong>Total pension Income Tax relief, £million</strong></p></td></tr><tr><td><p>2020 to 2021</p></td><td><p>44,100</p></td></tr><tr><td><p>2019 to 2020</p></td><td><p>41,700</p></td></tr><tr><td><p>2018 to 2019*</p></td><td><p>38,200</p></td></tr></tbody></table><p> </p><p>*Improvements in the estimation methodology for the tax years 2019 to 2020 onwards mean that estimates for the tax year 2018 to 2019 are not directly comparable to those in later years.</p><p> </p><p>Estimates for the 2021 to 2022 tax year will be published on 27<sup>th</sup> September 2023. Estimates for the 2022 to 2023 tax year will be published in Summer 2024.</p><p> </p><p>HMRC does not hold complete information on whether contributions have been made to personal or occupational pension schemes.</p><p> </p><p>Information on the National Employment Savings Trust is exempt from release by HMRC under the Commissioners for Revenue and Customs Act 2005 (CRCA).</p> answering member printed Baroness Penn grouped question UIN HL10230 question first answered 02/10/2023 15:00:48 answering member 4726 label Biography information for Baroness Penn
tabling member	478 label Biography information for Lord Field of Birkenhead

1661507

registered interest
date	18/09/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government how much tax revenue is foregone each year in supporting (1) company, (2) private, and (3) National Employment Savings Trust pensions.
tabling member printed	Lord Field of Birkenhead
uin	HL10230
answer	answer is ministerial correction date of answer 02/10/2023 answer text <p>Information on estimates of Income Tax relief on pension contributions and investment income of pension funds can be found online in Table 6 of the Private pension statistics publication. Estimates for the tax years 2018 to 2019 to 2020 to 2021 have been reproduced in Table 1 below.</p><p><strong> </strong></p><p><strong>Table 1: Total pension Income Tax relief for tax years 2018 to 2019 to 2020 to 2021.</strong></p><table><tbody><tr><td><p><strong>Tax year</strong></p></td><td><p><strong>Total pension Income Tax relief, £million</strong></p></td></tr><tr><td><p>2020 to 2021</p></td><td><p>44,100</p></td></tr><tr><td><p>2019 to 2020</p></td><td><p>41,700</p></td></tr><tr><td><p>2018 to 2019*</p></td><td><p>38,200</p></td></tr></tbody></table><p> </p><p>*Improvements in the estimation methodology for the tax years 2019 to 2020 onwards mean that estimates for the tax year 2018 to 2019 are not directly comparable to those in later years.</p><p> </p><p>Estimates for the 2021 to 2022 tax year will be published on 27<sup>th</sup> September 2023. Estimates for the 2022 to 2023 tax year will be published in Summer 2024.</p><p> </p><p>HMRC does not hold complete information on whether contributions have been made to personal or occupational pension schemes.</p><p> </p><p>Information on the National Employment Savings Trust is exempt from release by HMRC under the Commissioners for Revenue and Customs Act 2005 (CRCA).</p> answering member printed Baroness Penn grouped question UIN HL10229 question first answered 02/10/2023 15:00:48 answering member 4726 label Biography information for Baroness Penn
tabling member	478 label Biography information for Lord Field of Birkenhead

1656511

registered interest
date	01/09/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	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.
tabling member constituency	East Lothian
tabling member printed	Kenny MacAskill
uin	196340
answer	answer is ministerial correction date of answer 06/09/2023 answer text <p>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 <a href="https://www.gov.uk/government/statistics/personal-and-stakeholder-pensions-statistics" target="_blank">The Private pension statistics</a> publication.</p><p> </p><p>Estimates for the 2021-2022 tax year will be published on 27<sup>th</sup> 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.</p> answering member constituency Louth and Horncastle answering member printed Victoria Atkins question first answered 06/09/2023 16:15:55 answering member 4399 label Biography information for Victoria Atkins
tabling member	4772 label Biography information for Kenny MacAskill

1648319

registered interest
date	27/06/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government how much (1) gross tax relief, and (2) National Insurance relief, was given to (a) Defined Benefit or hybrid pension scheme employers, (b) Defined Benefit or hybrid pension scheme members, (c) Defined Contribution workplace scheme employers, (d) Defined Contribution pension scheme auto-enrolment members, and (e) other Defined Contribution pension scheme members, in each of the past three years.
tabling member printed	Baroness Altmann
uin	HL8804
answer	answer is ministerial correction date of answer 07/07/2023 answer text <p>Estimates of the cost of Income Tax and National Insurance Contribution relief on total pension contributions made in 2020 to 2021 can be found in Tables 1 and 2 below. Figures are provided in millions and rounded to the nearest hundred million pounds. Hybrid defined contribution and defined benefit schemes are counted as defined benefit schemes for the purpose of this analysis.</p><p>HMRC do not publish estimates of total pension contributions.</p><table><tbody><tr><td colspan="3"><p><strong>Table 1: Income Tax relief on pension contributions in 2020 to 2021 by type of contribution, £million</strong></p></td></tr><tr><td><p><strong>Income Tax relief in 2020 to 2021 [provisional] on:</strong></p></td><td><p><strong>Defined benefit scheme</strong></p></td><td><p><strong>Defined contribution scheme</strong></p></td></tr><tr><td><p>Individual contributions to net pay arrangements</p></td><td><p>3,600</p></td><td><p>900</p></td></tr><tr><td><p>Individual contributions to relief at source schemes</p></td><td><p>0</p></td><td><p>4,900</p></td></tr><tr><td><p>Salary sacrificed contributions</p></td><td><p>1,100</p></td><td><p>3,600</p></td></tr><tr><td><p>Employer contributions to net pay arrangements</p></td><td><p>16,800*</p></td><td><p>4,100</p></td></tr><tr><td><p>Employer contributions to relief at source schemes</p></td><td><p>0</p></td><td><p>5,900*</p></td></tr></tbody></table><p> </p><table><tbody><tr><td colspan="3"><p><strong>Table 2: National Insurance Contribution (NIC) relief on pension contributions in 2020 to 2021 by type of contribution, £million</strong></p></td></tr><tr><td><p><strong>NIC relief in 2020 to 2021 [provisional] on:</strong></p></td><td><p><strong>Defined benefit scheme</strong></p></td><td><p><strong>Defined contribution scheme</strong></p></td></tr><tr><td><p>Class 1 Primary (employee) NIC relief on employer contributions to net pay arrangements</p></td><td><p>4,900*</p></td><td><p>1,000</p></td></tr><tr><td><p>Class 1 Primary (employee) NIC relief on employer contributions to relief at source schemes</p></td><td><p>0</p></td><td><p>1,500*</p></td></tr><tr><td><p>Class 1 Primary (employee) NIC relief on salary sacrificed contributions</p></td><td><p>300</p></td><td><p>800</p></td></tr><tr><td><p>Class 1 Secondary (employer) NIC relief on employer contributions to net pay arrangements</p></td><td><p>8,200*</p></td><td><p>1,800</p></td></tr><tr><td><p>Class 1 Secondary (employer) NIC relief on employer contributions to relief at source schemes</p></td><td><p>0</p></td><td><p>2,700*</p></td></tr><tr><td><p>Class 1 Secondary (employer) NIC relief on salary sacrificed contributions</p></td><td><p>500</p></td><td><p>1,500</p></td></tr></tbody></table><p> </p><p>*These figures contain forecasts rather than being entirely based on outturn data sources.</p><p> </p><p>Please note that the figures provided are estimates only.</p> answering member printed Baroness Penn grouped question UIN HL8803 question first answered 07/07/2023 10:06:56 answering member 4726 label Biography information for Baroness Penn
tabling member	4533 label Biography information for Baroness Altmann

1609899

registered interest
date	14/04/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of how many people in each nation and region of the UK will benefit from the (a) new annual allowance for pension contributions and (b) the removal of the limit on pension saving.
tabling member constituency	Arfon
tabling member printed	Hywel Williams
uin	180032
answer	answer is ministerial correction date of answer 19/04/2023 answer text <p>Information on the increase to the annual allowance and abolition of the lifetime allowance can be found in the Pension Tax Limits Policy paper <a href="https://www.gov.uk/government/publications/abolition-of-lifetime-allowance-and-increases-to-pension-tax-limits/pension-tax-limits" target="_blank">Pension Tax Limits - GOV.UK (www.gov.uk)</a></p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 19/04/2023 15:01:25 answering member 4874 label Biography information for Andrew Griffith
tabling member	1397 label Biography information for Hywel Williams

1607732

registered interest
date	27/03/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the number of people who will benefit from the removal of the pensions lifetime allowance in 2023-24.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	174177
answer	answer is ministerial correction date of answer 30/03/2023 answer text <p>Information on the abolition of the lifetime allowance can be found in the Pension Tax Limits Policy paper <a href="https://www.gov.uk/government/publications/abolition-of-lifetime-allowance-and-increases-to-pension-tax-limits/pension-tax-limits" target="_blank">Pension Tax Limits - GOV.UK (www.gov.uk)</a></p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 30/03/2023 09:49:19 answering member 4874 label Biography information for Andrew Griffith
tabling member	178 label Biography information for John McDonnell