§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer what estimate he has made of the yield, in each of years 2002–03 and 2003–04 as a result of the abolition from 6 April 2001 of the ability to carry forward entitlement to pension payment tax relief for up to six years. [114762]
§ Miss Melanie JohnsonThe proposal to remove the carry forward facility is intended to simplify pension administration not to raise revenue. It is part of a package of measures designed to increase pension take up. We do not expect the removal of carry forward to save tax relief.