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Written question asked by Tim Loughton (Conservative) on Tuesday, 15 October 2002, in the House of Commons. It was due for an answer on Monday, 21 October 2002. It was answered by Ruth Kelly (Labour) on Monday, 21 October 2002 on behalf of the Treasury.

Treasury

Question
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the cost of re-introducing tax relief for pensioners paying for their own private medical insurance cover. - Inc figures and fact that updated estimate could only be produced at a disproportionate cost.
Answer

Tim Loughton: To ask the Chancellor of the Exchequer what assessment his Department has made of the cost of re-introducing tax relief for pensioners paying for their own private medical insurance cover. [75696] Ruth Kelly: The abolition of tax relief on premiums for private medical insurance for the over-60s was estimated to yield £135 million for 1999-2000 as shown in the July 1997 Financial Statement and Budget Report. A reliable updated estimate could only be produced at a disproportionate cost.

Secondary information

Type
Written question
Reference
391 c84W; 75696
Session
2001-02
Subjects
Health insurance Private sector Pensioners Tax allowances Taxation Tax yields
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk