HC Deb 29 January 1998 vol 305 c374W
Mr. Gibb

To ask the Secretary of State for Social Security, pursuant to his answer to the hon. Member for Vauxhall (Kate Hoey) of 16 January 1998,Official Report, column 344, what is the cost to the Exchequer of the measures announced regarding the level of national insurance contracting-out rebates. [25123]

Mr. Denham

The cost of increasing the age related rebates for holders of Appropriate Personal Pensions for the tax year 2000/2001 is £140 million1.


1. Figure rounded to the nearest 10 million.