Source · Select Committees · Work and Pensions Committee
Third Report - Protecting pension savers – five years on from the pension freedoms: Saving for later life
Work and Pensions Committee
HC 126
Published 30 September 2022
Recommendations
15
Not Addressed
Para 108
We welcome the Government’s recognition of the importance of addressing the fact that some low...
Recommendation
We welcome the Government’s recognition of the importance of addressing the fact that some low earners (disproportionately women) miss out on tax relief because their pension scheme uses the ‘net pay’ arrangement for tax relief. Given this is a long-standing …
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Government Response Summary
HMRC is not actively considering automatically enrolling the self- employed via the NICs system because their systems are not designed to collect or administer pension contributions, and it would present a significant challenge as new systems would be required.
Department for Work and Pensions
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