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1171925
registered interest false more like this
date less than 2020-01-20more like thismore than 2020-01-20
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Personal Income more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what estimate he has made of the number of households with a single-earner income of over £50,000 in (a) North East Hampshire constituency and (b) the UK; and if he will make it his policy to support those households through the tax system. more like this
tabling member constituency North East Hampshire remove filter
tabling member printed
Mr Ranil Jayawardena more like this
uin 5481 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-01-28more like thismore than 2020-01-28
answer text <p>The number of households with a single-earner income of over £50,000 is based on Department for Work and Pensions analysis of Households Below Average Income (HBAI) data sourced from the 2017-18 Family Resources Survey (FRS).</p><p> </p><p>The survey sample sizes are too small to produce robust estimates at local authority or constituency level. The Department for Work and Pensions estimate that in the UK in 2017-18 there were 2.7m households with one person earning over £50,000 per year from employment (either as an employee or self-employed). Of these, 700,000 households contained only one person in employment.</p><p> </p><p> </p><p>The Government has made substantial increases to the personal allowance and higher rate threshold in recent years. In April 2019, the Government increased the personal allowance to £12,500 and the higher rate threshold to £50,000. This ensured that nearly one million fewer people pay the higher rate of tax compared to 2015-16 and that a typical higher rate taxpayer pays over £1,800 less income tax than in 2010-11.</p>
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2020-01-28T13:56:47.27Zmore like thismore than 2020-01-28T13:56:47.27Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4498
label Biography information for Mr Ranil Jayawardena more like this
1144511
registered interest false more like this
date less than 2019-09-03more like thismore than 2019-09-03
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Owner Occupation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help people who are ready to move up the housing ladder from their first property. more like this
tabling member constituency North East Hampshire remove filter
tabling member printed
Mr Ranil Jayawardena more like this
uin 286379 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-09-09more like thismore than 2019-09-09
answer text <p>At Autumn Statement 2014 the government reformed SDLT on residential properties, cutting the tax for 98% of buyers who pay it, unless they are purchasing additional property. These changes benefit those who are moving up the housing ladder.</p><p> </p>The Government has already committed significant financial support for housing, with at least £44bn over a five-year period announced at Autumn Budget 2017, supporting its ambition to increase supply to 300,000 homes per annum on average by the mid-2020s to improve affordability, and to increase home ownership. more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2019-09-09T12:50:38.093Zmore like thismore than 2019-09-09T12:50:38.093Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4498
label Biography information for Mr Ranil Jayawardena more like this