Rachel Reeves – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Rachel Reeves on 2016-01-13.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the cost to the public purse of introducing flat rate tax relief on pensions contributions.

Harriett Baldwin

At the Summer Budget 2015 the government launched a consultation on whether there is a case for reforming pensions tax relief to strengthen incentives to save and offer savers greater simplicity and transparency, or whether it would be best to keep with the current system. The government is considering the response and will publish a response at Budget 2016.