Speeches

Stephen Timms – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Stephen Timms on 2016-01-19.

To ask Mr Chancellor of the Exchequer, how many (a) employees and (b) employers have taken advantage of savings to National Insurance contributions from salary sacrifice schemes for occupational pensions in each of the last five years.

Damian Hinds

Department for Work and Pensions has published estimates on salary sacrifice available at the following link: https://www.gov.uk/government/publications/employers-pension-provision-survey-2013 Estimates are not available for the number of active members who take advantage of these schemes or the loss to the National Insurance Fund.