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999332

	registered interest
	date	31/10/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the figures in the table entitled Exchequer Impact (£m) on page 5 of his Department's document, Budget 2018: policy costings, published on 29 October 2018, if he will publish a separate figure for the Exchequer effect of the increase in the higher rate threshold to £50,000 for each of those financial years.
	tabling member constituency	Edinburgh South
	tabling member printed	Ian Murray
	uin	186305
	answer	answer is ministerial correction date of answer 05/11/2018 answer text <p>A breakdown for the Exchequer impact of the changes to the Income Tax Personal Allowance (PA) and Higher Rate Threshold (HRT) announced at the Budget 2018 on 29 October 2018 is provided in Table 1.</p><p> </p><p>Table 1: Exchequer Impact of Budget 2018 announcement– “Personal Allowance and Higher Rate Threshold: increase to £12,500 and £50,000 for 2019-20 and 2020-21”, and Exchequer Impacts of the Personal Allowance and Higher Rate Threshold Elements.</p><p> </p><table><tbody><tr><td><p>Budget 2018 announcement (£ million)</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>2023-24</p></td></tr><tr><td><p>Personal Allowance and Higher Rate Threshold: increase to £12,500 and £50,000 for 2019-20 and 2020-21</p></td><td><p>0</p></td><td><p>-2,790</p></td><td><p>-1,935</p></td><td><p>-1,445</p></td><td><p>-1,605</p></td><td><p>-1,780</p></td></tr><tr><td><p><em>of which</em></p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>(i) Personal Allowance: increase to £12,500 for 2019-20 and 2020-21*</p></td><td><p>0</p></td><td><p>-1,980</p></td><td><p>-885</p></td><td><p>-600</p></td><td><p>-650</p></td><td><p>-725</p></td></tr><tr><td><p>(ii) Higher Rate Threshold: increase to £50,000 for 2019-20 and 2020-21 (given (i))**</p></td><td><p>0</p></td><td><p>-810</p></td><td><p>-1,050</p></td><td><p>-845</p></td><td><p>-955</p></td><td><p>-1,055</p></td></tr></tbody></table><p> </p><p>* This line assumes no change to the Basic Rate Limit (BRL).</p><p> </p><p>** This line reflects the impact of increasing the HRT to £50,000, assuming the PA has been increased to £12,500.</p><p>The Exchequer impact above includes the impact from the Upper Earnings Limit and Upper Profits Limit for National Insurance being aligned with the Income Tax Higher Rate Threshold. Further information on the Exchequer impact from the “Personal Allowance and Higher Rate Threshold: increase to £12,500 and £50,000 in 2019-20 and 2020-21” measure can be found in “Budget 2018: policy costings”.</p><p>Totals may not sum due to rounding.</p> answering member constituency Central Devon answering member printed Mel Stride grouped question UIN 186304 186423 question first answered 05/11/2018 17:28:25 answering member 3935 label Biography information for Mel Stride
	tabling member	3966 label Biography information for Ian Murray

1055915

	registered interest
	date	06/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will publish the number of higher rate tax payers in each constituency in each of the last five years.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	217579
	answer	answer is ministerial correction date of answer 11/02/2019 answer text <p>Estimates of the number of higher rate tax payers, in each parliamentary constituency for tax years 2011-12 to 2015-16, are attached. These estimates include additional rate tax payers who also pay higher rate tax.</p><p> </p><p>These estimates are based on the annual Survey of Personal Incomes (SPI) for each tax year. Estimates for parliamentary constituencies, should be treated with caution as they are based on much smaller samples than national or regional estimates.</p><p> </p><p>For more information about the SPI, please refer to:</p><p><a href="https://www.gov.uk/government/collections/personal-incomes-statistics" target="_blank">https://www.gov.uk/government/collections/personal-incomes-statistics</a></p> answering member constituency Central Devon answering member printed Mel Stride question first answered 11/02/2019 15:01:03 answering member 3935 label Biography information for Mel Stride attachment 1 file name 1902011_01863_Creasy_Final_Table.docx title PQ attachment
	tabling member	4088 label Biography information for Stella Creasy

793053

	registered interest
	date	21/11/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of people who pay higher-rate income tax in the last five years.
	tabling member constituency	East Londonderry
	tabling member printed	Mr Gregory Campbell
	uin	114838
	answer	answer is ministerial correction date of answer 28/11/2017 answer text <p>Estimates of the number of taxpayers by marginal tax rate are published in National Statistics table 3.4, which is part of HMRC’s Personal Incomes Statistics collection. The latest available tax year is 2014-15.</p><p> </p><p>Tables for tax years 2010-11 to 2014‑15 can be found at the link below:</p><p> </p><p><a href="https://www.gov.uk/government/statistics/income-tax-liabilities-of-starting-savers-basic-and-higher-rate-taxpayers-by-largest-source-of-income-2010-to-2011" target="_blank">https://www.gov.uk/government/statistics/income-tax-liabilities-of-starting-savers-basic-and-higher-rate-taxpayers-by-largest-source-of-income-2010-to-2011</a></p><p> </p><p>For convenience, the numbers of individuals for each of the five years have been collated in the table below:</p><p> </p><table><tbody><tr><td rowspan="2"><p>Tax Year</p></td><td colspan="2"><p>Total number of taxpayers (thousands)</p></td></tr><tr><td><p>Higher rate</p></td><td><p>Additional rate</p></td></tr><tr><td><p>2010-11</p></td><td><p>3,020</p></td><td><p>236</p></td></tr><tr><td><p>2011-12</p></td><td><p>3,570</p></td><td><p>262</p></td></tr><tr><td><p>2012-13</p></td><td><p>3,720</p></td><td><p>273</p></td></tr><tr><td><p>2013-14</p></td><td><p>4,200</p></td><td><p>311</p></td></tr><tr><td><p>2014-15</p></td><td><p>4,300</p></td><td><p>328</p></td></tr></tbody></table><p><strong>Notes on the table</strong></p><ol><li><p>Counts of individuals are rounded to the nearest thousand and to three significant figures.</p></li><li><p>Counts of individuals liable at the Higher marginal rate excludes those liable at the Additional rate, which are therefore shown separately.</p></li><li><p>Marginal tax rate is the rate paid on the last unit of income.</p><p> </p><p>These estimates are based on the annual Survey of Personal Incomes (SPI). For more information about the SPI, please refer to:</p><p><a href="https://www.gov.uk/government/collections/personal-incomes-statistics" target="_blank">https://www.gov.uk/government/collections/personal-incomes-statistics</a></p></li></ol> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/11/2017 15:50:19 answering member 3935 label Biography information for Mel Stride
	tabling member	1409 label Biography information for Mr Gregory Campbell

780401

	registered interest
	date	30/10/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether his Department has made an assessment of whether the UK leaving the EU without a deal will have an effect on income tax rates; and if he will make a statement.
	tabling member constituency	Carshalton and Wallington
	tabling member printed	Tom Brake
	uin	110255
	answer	answer is ministerial correction date of answer 07/11/2017 answer text <p>The Government has undertaken a significant amount of work to assess the economic and fiscal implications of leaving the EU as part of continued rigorous and extensive analytical work on a range of scenarios.</p><p> </p><p>The Prime Minister has ‎made clear however that the UK aims to agree an ambitious and comprehensive economic partnership with the EU that is of far greater scope and ambition than any existing free trade agreement.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 07/11/2017 15:51:22 answering member 3935 label Biography information for Mel Stride
	tabling member	151 label Biography information for Tom Brake

794351

	registered interest
	date	23/11/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to paragraph 3.5 of the Autumn Budget 2017, what estimate he has made of the number of taxpayers in (a) Jarrow constituency, (b) South Tyneside, (c) the North East and (d) England who will benefit from the increase of the personal allowance and higher rate threshold.
	tabling member constituency	Jarrow
	tabling member printed	Mr Stephen Hepburn
	uin	115324
	answer	answer is ministerial correction date of answer 28/11/2017 answer text <p>The Government is increasing the income tax personal allowance and higher rate threshold to £11,850 and £46,350 respectively in 2018-19, as set out in paragraph 3.5 of the Autumn Budget 2017.</p><p> </p><p>In England, government increases to the PA and HRT will have lifted around 986,000 people out of income tax altogether in 2018-19 compared to 2015-16, and 26.1m people will have gained by an average of £195.</p><p> </p><p>In the North East of England, government increases to the PA and HRT will have lifted around 52,000 people out of income tax altogether in 2018-19 compared to 2015-16, and 1.2m people will have gained by an average of £185.</p><p> </p><p>HM Treasury does not publish this information at district or constituency level.</p><p> </p><p> </p> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/11/2017 15:52:36 answering member 3935 label Biography information for Mel Stride
	tabling member	520 label Biography information for Mr Stephen Hepburn

810086

	registered interest
	date	20/12/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the monies accrued to the public purse of (a) freezing the personal allowance at £12,000 and (b) freezing the higher-rate threshold at £50,000 in each of the years after 2020-21.
	tabling member constituency	Harborough
	tabling member printed	Neil O'Brien
	uin	120552
	answer	answer is ministerial correction date of answer 12/01/2018 answer text <p>The estimated Exchequer impact of freezing the personal allowance at £12,000 and freezing the higher-rate threshold at £50,000 in 2021-22 and 2022-23 is:</p><p> </p><table><tbody><tr><td><p>£<ins class="ministerial">m</ins> <del class="ministerial">bn</del></p></td><td><p>2021-22</p></td><td><p>2022-23</p></td></tr><tr><td><p>Exchequer Impact of a Freeze of the PA at £12,000 and the HRT at £50,000</p></td><td><p>1,800</p></td><td><p>3,900</p></td></tr><tr><td colspan="3"><p>Figures have been rounded to the nearest £100 million. The The impact is shown on a National Accounts basis consistent with the presentation in table 2.1 of Budget documents</p></td></tr></tbody></table><p> </p><p>The government remains committed to increasing the PA to £12,500 by 2020-21. The estimated Exchequer impact of freezing the personal allowance at £12,500 and freezing the higher-rate threshold at £50,000 in 2021-22 and 2022-23 is:</p><p> </p><table><tbody><tr><td><p>£<ins class="ministerial">m</ins><del class="ministerial">bn</del></p></td><td><p>2021-22</p></td><td><p>2022-23</p></td></tr><tr><td><p>Exchequer Impact of a Freeze of the PA at £12,500 and the HRT at £50,000</p></td><td><p>1,800</p></td><td><p>4,000</p></td></tr><tr><td colspan="3"><p>Figures have been rounded to the nearest £100 million. Therefore the modelling simulation above has been repeated with the PA set to £12,500 in 2020-21, frozen thereafter (the HRT was as in the £12,000 scenario above).</p></td></tr></tbody></table><p> </p><p>Both of these estimates are sensitive to any changes in the projected economic determinants used, and modelling assumptions, and are therefore subject to revision.</p><p> </p><p><del class="ministerial">[</del>To answer this question a number of assumptions have been made as set out below. These estimates are consistent with the methodology used to estimate the impact of policy changes to Income Tax and National Insurance Contributions (NICs).</p><p> </p><p>The question implies that the Personal Allowance (PA) and Higher Rate Threshold (HRT) would be at the stated levels in 2020-21 in order that they be frozen at those levels (rather than indexed with Consumer Price Index (CPI) indexation as is the convention) for the years after that.</p><p> </p><p>The Exchequer impact of meeting the thresholds in 2020-21 has is not included in these figures.</p><p> </p><p>The estimated impact from freezing the PA and HRT has been modelled using the 2014-15 Survey of Personal Incomes projected using assumptions from the Office of Budget Responsibility’s November 2017 economic and fiscal outlook. The costs set out below include assumptions on the likely behavioral responses of affected taxpayers, which is in line with previous similar costings agreed with the OBR.</p><p> </p><p>The costing include the impact on NICs, as the Upper Earnings Limit and Upper Profits Limit are aligned to the Higher Rate Threshold which has been frozen at £50,000 for this policy.</p><p> </p><p>The simulation assumes the HRT freeze does not apply in Scotland where this threshold is devolved. Therefore the Scottish Basic Rate Limit (BRL) is amended to maintain the Scottish HRT at the current projected levels after any changes to the PA. The simulation includes an estimate for the change in the Scottish block grant adjustment under this policy change scenario.</p><p> </p> answering member constituency Central Devon answering member printed Mel Stride question first answered 12/01/2018 14:30:22 question first ministerially corrected 22/01/2018 14:58:53 answering member 3935 label Biography information for Mel Stride previous answer version 33806 answering member constituency Central Devon answering member printed Mel Stride answering member 3935 label Biography information for Mel Stride
	tabling member	4679 label Biography information for Neil O'Brien

820770

	registered interest
	date	11/01/2018
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of abolishing the 50p income tax rate.
	tabling member constituency	Bootle
	tabling member printed	Peter Dowd
	uin	122188
	answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>The estimated impact of the 50p rate of tax was set out in the HM Revenue and Customs report “The Exchequer effect of the 50 per cent additional rate of income tax”:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/20140206181159/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.pdf" target="_blank">http://webarchive.nationalarchives.gov.uk/20140206181159/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.pdf</a></p><p> </p><p>This report showed that the 50p rate was a distortive and economically inefficient way of raising revenue and it did not raise what was expected. It raised at best only £1 billion and at worst could have cost the Exchequer. This is considerably less than the £2.5bn which was expected when introduced by Labour.</p><p> </p><p>There has been no new evidence to suggest the conclusions of this report were incorrect.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 19/01/2018 12:44:31 answering member 3935 label Biography information for Mel Stride
	tabling member	4397 label Biography information for Peter Dowd

1037099

	registered interest
	date	07/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many people were placed in the higher tax threshold in 2017-2018.
	tabling member constituency	Upper Bann
	tabling member printed	David Simpson
	uin	205872
	answer	answer is ministerial correction date of answer 15/01/2019 answer text <p>The estimated number of taxpayers liable for tax at the higher rate are published in the HMRC National Statistics table 2.1, available here:</p><p><br> <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/710887/Table_2.1.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/710887/Table_2.1.pdf</a></p><p><br> These estimates are based on the Survey of Personal Incomes (SPI) outturn data up to 2015-16. The 2017-18 estimates are based upon the 2015-16 Survey of Personal Incomes using economic assumptions consistent with the OBR’s March 2018 economic and fiscal outlook.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 15/01/2019 13:41:02 answering member 3935 label Biography information for Mel Stride
	tabling member	1597 label Biography information for David Simpson

786767

	registered interest
	date	10/11/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what estimate he has made of the total reduction in the income tax liability for additional rate taxpayers as a result of reducing the additional rate from 50 pence to 45 pence in each financial year since 2013-14.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	112226
	answer	answer is ministerial correction date of answer 20/11/2017 answer text <p>The latest estimated cost of reducing the additional rate of income tax to 45 per cent is available on the government website, Budget 2013, page 66, table 2.2:</p><p> </p><p><a href="https://www.gov.uk/government/publications/budget-2013-documents" target="_blank">https://www.gov.uk/government/publications/budget-2013-documents</a></p><p> </p><p>HMRC published a detailed evaluation of the impact of the 50 per cent tax rate on the Exchequer in 2012 ‘The Exchequer effect of the 50 per cent additional rate of income tax’. This remains the best available estimate of taxpayer responses to changes in the additional rate of tax. This report contains more information on the methodology for estimating the impact of the policy, specifically in annex A:</p><p> </p><p><a href="http://webarchive.nationalarchives.gov.uk/20130127161217/http:/www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.pdf" target="_blank">http://webarchive.nationalarchives.gov.uk/20130127161217/http://www.hmrc.gov.uk/budget2012/excheq-income-tax-2042.pdf</a></p> answering member constituency Central Devon answering member printed Mel Stride question first answered 20/11/2017 14:57:28 answering member 3935 label Biography information for Mel Stride
	tabling member	178 label Biography information for John McDonnell

748620

	registered interest
	date	05/07/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Income Tax: Tax Rates and Bands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what his policy is on raising the higher rate threshold for tax to £50,000 by 2020.
	tabling member constituency	Hornsey and Wood Green
	tabling member printed	Catherine West
	uin	3198
	answer	answer is ministerial correction date of answer 10/07/2017 answer text <p>We have committed to raising the higher rate threshold to £50,000 and the path to meeting this commitment will be set out, funded and legislated for at future fiscal events.</p><p> </p><p>This April, the government took a significant step towards meeting this commitment; the higher rate threshold has increased from £43,000 to £45,000. A typical higher rate taxpayer will pay over £1,100 less income tax than in 2010-11, and 585,000 individuals will be taken out of the higher rate of tax in 2017-18 – a reduction of more than 10%</p><p> </p><p>This, alongside changes to the personal allowance, has benefitted over 31 million individuals since the start of the last parliament.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 10/07/2017 11:09:22 answering member 3935 label Biography information for Mel Stride
	tabling member	4523 label Biography information for Catherine West