PARLIAMENTARY WRITTEN QUESTION
Income Tax: Tax Allowances (27 May 2015)
Question Asked
To ask Mr Chancellor of the Exchequer, when the Government plans to raise the income tax personal allowance to £12,000 per year.
Asked by:
Emily Thornberry (Labour)
Asked by:
Emily Thornberry (Labour)
Answer
The government has committed to raise the income tax personal allowance to £12,500 by end of this parliament. Alongside this commitment, the government will also legislate to ensure that that, in the future, individuals working 30 hours at the national minimum wage do not pay income tax.
Increases in the personal allowance this Parliament will benefit around 30 million individuals.
Answered by:
Mr David Gauke (Independent)
5 June 2015
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