§ Mr. WhittingdaleTo ask the Chancellor of the Exchequer what is his assessment of the impact on the savings ratio arising from(a) the abolition of repayment dividend tax credits and (b) the abolition of TESSAs and PEPs. [55723]
§ Ms HewittChanging the tax treatment will encourage savings on a sustainable basis in the long term, promoting economic prosperity and rebalancing tax relief towards those who need it.