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1487688

registered interest
date	08/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Disposable Wipes: VAT
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have, if any, to increase VAT on wet wipes.
tabling member printed	Lord Hylton
uin	HL1607
answer	answer is ministerial correction date of answer 21/07/2022 answer text <p>Wet wipes are subject to the 20 per cent standard rate of VAT. As with all elements of tax policy, the Government keeps this under review.</p> answering member printed Baroness Penn question first answered 21/07/2022 15:39:57 answering member 4726 label Biography information for Baroness Penn
tabling member	2018 label Biography information for Lord Hylton

1487695

registered interest
date	08/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the number of additional individuals who (1) have become, or (2) are likely to become, liable to pay income tax in 2022/23 because of the freezing of (a) tax-free personal allowance, and (b) income tax thresholds.
tabling member printed	Lord Sikka
uin	HL1614
answer	answer is ministerial correction date of answer 21/07/2022 answer text <p>The OBR’s 2022 Economic and Fiscal Outlook published the projected number of additional individuals brought into paying tax due to the freeze on the Personal Allowance and Income Tax thresholds as 575,000 in 2022-23.</p><p> </p><p>The number of UK adults that are not liable to pay Income Tax because their total income is less than the Personal Allowance can be estimated with the following two figures:</p><p> </p><ul><li>The ONS population projection for the number of UK adults (aged 16 and over) in 2022 is around 55 million.</li></ul><p> </p><ul><li>The total number of individual Income Tax payers is estimated by HMRC to be 34 million in 2022-23.</li></ul><p> </p><p>HMRC’s estimate is based on the 2019-20 Survey of Personal Incomes and is projected using economic assumptions consistent with the Office for Budget Responsibility’s March 2022 Economic and Fiscal Outlook. This represents a sample of individuals in contact with HMRC. However, HMRC do not hold information for all people with incomes below the Income Tax Personal Allowance.</p> answering member printed Baroness Penn grouped question UIN HL1616 question first answered 21/07/2022 15:42:41 answering member 4726 label Biography information for Baroness Penn
tabling member	4885 label Biography information for Lord Sikka

1487697

registered interest
date	08/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how many UK adults are not liable to pay income tax because their total income is less than the tax-free personal allowance.
tabling member printed	Lord Sikka
uin	HL1616
answer	answer is ministerial correction date of answer 21/07/2022 answer text <p>The OBR’s 2022 Economic and Fiscal Outlook published the projected number of additional individuals brought into paying tax due to the freeze on the Personal Allowance and Income Tax thresholds as 575,000 in 2022-23.</p><p> </p><p>The number of UK adults that are not liable to pay Income Tax because their total income is less than the Personal Allowance can be estimated with the following two figures:</p><p> </p><ul><li>The ONS population projection for the number of UK adults (aged 16 and over) in 2022 is around 55 million.</li></ul><p> </p><ul><li>The total number of individual Income Tax payers is estimated by HMRC to be 34 million in 2022-23.</li></ul><p> </p><p>HMRC’s estimate is based on the 2019-20 Survey of Personal Incomes and is projected using economic assumptions consistent with the Office for Budget Responsibility’s March 2022 Economic and Fiscal Outlook. This represents a sample of individuals in contact with HMRC. However, HMRC do not hold information for all people with incomes below the Income Tax Personal Allowance.</p> answering member printed Baroness Penn grouped question UIN HL1614 question first answered 21/07/2022 15:42:41 answering member 4726 label Biography information for Baroness Penn
tabling member	4885 label Biography information for Lord Sikka

1487698

registered interest
date	08/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the impact of fiscal drag on the tax revenues for the year 2022–23.
tabling member printed	Lord Sikka
uin	HL1617
answer	answer is ministerial correction date of answer 21/07/2022 answer text <p>The Treasury does not produce fiscal forecasts. The independent Office for Budget Responsibility (OBR) are the Government’s official forecaster. Inflation has a range of impacts on the public finances and previous OBR forecasts have shown how inflation can also increase spending on welfare and debt interest, as well as tax revenues. Borrowing in the financial year-to-June 2022 is currently £3.7 billion more than the £51.8 billion forecast by the OBR in March 2022. The OBR will produce an updated forecast alongside the next Budget, which will reflect the impacts of an updated inflation outlook on both revenues and spending.</p> answering member printed Baroness Penn question first answered 21/07/2022 15:43:29 answering member 4726 label Biography information for Baroness Penn
tabling member	4885 label Biography information for Lord Sikka