On tax relief, will the right hon. Gentleman clarify the answer to the question that I asked him when he last made a statement? He said that the Government provide 1 per cent., the scheme member provides 4 per cent., and the employer provides 3 per cent. He may be understating the Government’s contribution, because presumably, in addition to the tax relief given to the saver, tax relief will be given to the employer who is contributing the 3 per cent., which is tax deductible. However, that is not clear from what the Government have said previously.
Pensions Reform
Proceeding contribution from
John Butterfill
(Conservative)
in the House of Commons on Tuesday, 27 June 2006.
It occurred during Adjournment debate on Pensions Reform.
Type
Proceeding contribution
Reference
448 c139-40 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 22:55:50 +0100
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