Written Question·Treasury·UIN 89112

Pensions: Tax Allowances

Tabled: 10 November 2025
Answered: 13 November 2025
Named Day

Question

Ann Davies

Plaid CymruCaerfyrddin

To ask the Chancellor of the Exchequer, whether her Department plans to maintain tax relief on pension contributions.

Answer

Torsten Bell
Pensions tax relief is one of the most expensive reliefs in the personal tax system, costing £78.2 billion in 2023/24. The Government remains committed to encouraging pension saving, to help ensure that people have an income, or funds on which they can dr...

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