§ Mr. Eggarasked the Chancellor of the Exchequer how soon after the interim approval of new occupational pension schemes the dividend income becomes tax free; what mechanism is used by the Inland Revenue to ensure that any tax held by the Inland Revenue pending interim approval is returned to the pension scheme; what is the average waiting time between granting of interim approval and return of tax; and how much tax is held by the Inland Revenue pending return to pension schemes which have gained interim approval.
§ Mr. Peter ReesI will let my hon. Friend have a reply as soon as possible.