Pension Schemes (Cost)

HC Deb 01 April 1958 vol 585 cc129-30W

113. Mr. Blackburn

asked the Chancellor of the Exchequer what is the estimated cost to the Exchequer for the year 1957–58 of tax allowances for insurance and superannuation.

Mr. Amory

For insured persons' contributions to National Insurance about £45 million, to occupational pension schemes about £25 million, and for life assurance premiums about £40 million.