Wednesday, 4 April 2007

Stats on pension fund contributions holidays

Just to put the taxation of dividend income in some context you can access figures on employer contributions holidays on the Inland Revenue website. You can get year-on-year figures here and the cumulative figures here. Note a small number if schemes are still taking contributions holidays, although there maybe cases where they are forced to do so (too geeky to explain).

Headline stats for info:

Method of reduction. reduction (£ms)
Contributions holiday (employer) 13,560
Contributions holiday (employee) 264
Contributions reduction (employer) 4,779
Contributions reduction (employee) 851
Refund to employer 1,217
Increase in benefits 9,129
New benefits 176
Total 29,976

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