Employee tax relief receipts rise to £4.3bn; Freedom withdrawals pass £25bn

James Phillips
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Cameron: Encouraging that average value of withdrawals is coming down
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Cameron: Encouraging that average value of withdrawals is coming down

Members of occupational pension schemes claimed £4.3bn in pensions tax relief in 2017/18, as total relief climbed £1.1bn.

Tax relief granted to employers and employees of occupational pension schemes hit £23.3bn in the 2017/18 tax year, rising from £22.5bn the year before. In figures released today (30 April), HM R...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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