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652588
registered interest false more like this
date less than 2016-12-06more like thismore than 2016-12-06
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Income Tax remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what proportion of income tax is estimated to come from the top one per cent of earners in the UK in 2020. more like this
tabling member constituency Romford more like this
tabling member printed
Andrew Rosindell more like this
uin 56250 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-12-13more like thismore than 2016-12-13
answer text <p>The latest statistics published by HM Revenue and Customs project that the top one per cent of income taxpayers will pay 26.9% of all income tax receipts this year, higher than in any year prior to 2010-11. The Government will continue to keep the taxation of high earners under review to ensure it is fair, incentivises hard work and contributes towards the long-term sustainability of the tax system.</p><p>The percentage share of income tax liabilities in 2020-21 (27.0%) is estimated from the published information for the 2013-14 Survey of Personal Incomes. This data has been projected using the economic assumptions consistent with the Office for Budget Responsibility’s November 2016 Economic and fiscal outlook.</p> more like this
answering member constituency Battersea more like this
answering member printed Jane Ellison more like this
question first answered
remove filter
answering member
3918
label Biography information for Jane Ellison more like this
tabling member
1447
label Biography information for Andrew Rosindell more like this