§ Mr. DenhamTo ask the Chancellor of the Exchequer what estimate he has made of the total revenue forgone from tax relief on appropriate personal pensions for individuals whose gross earnings are (i) £5,000 to £15,000, (ii) £15,000 to £25,000, (iii) £25,000 to £35,000, (iv) £35,000 to £45,000, (v) £ 45,000 to £55,000, (vi) £55,000 to £65,000, (vii) £65,000 to £75,000 and (viii) £75,000 to £82,000 per annum,(a) in aggregate and (b) per capita. [4491]
§ Mr. Jack[holding answer 11 December 1995]: Total income tax relief for contribution to appropriate personal pensions, including tax relief for the national insurance rebate, is provisionally estimated at £500 million for 1050W 1994–95. The average benefit per participant is about £85. I regret that a distribution of the relief by earnings of participants is not available.