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1681389

registered interest
date	10/01/2024
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 His Majesty's Government how many adults in the UK are not expected to pay any income tax in 2023–24.
tabling member printed	Lord Sikka
uin	HL1477
answer	answer is ministerial correction date of answer 23/01/2024 answer text <p>The number of adults (people aged 18 and over) in the UK estimated to not pay any Income Tax in 2023-24 is approximately 17.8 million (rounded to 3 significant figures).</p> answering member printed Baroness Vere of Norbiton question first answered 23/01/2024 17:36:02 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4885 label Biography information for Lord Sikka

1547179

registered interest
date	30/11/2022
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 His Majesty's Government what plans they have for the future of income tax for the next five financial years; and what assessment they have made of how state pensions will be affected by that tax.
tabling member printed	Lord Taylor of Warwick
uin	HL3922
answer	answer is ministerial correction date of answer 14/12/2022 answer text <p>At the Autumn Statement, the Government made the decision to keep the basic rate of income tax at 20 per cent, maintain income tax thresholds for a further 2 years until April 2028 and decrease the additional rate threshold to £125,140 from 6 April 2023.</p><p> </p><p>The tax treatment of social security benefits is based on the type of payment and why it is provided. In general, benefits that are designed to replace income are taxable, including the State Pension.</p><p> </p><p>The Personal Allowance is set at a level high enough to ensure that those pensioners whose sole income is the new State Pension or basic State Pension do not and, on current projections, will not pay any income tax in the next five financial years.</p><p> </p><p>As with all aspects of the tax system, the Government will keep these policies under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.</p> answering member printed Lord Harlech question first answered 14/12/2022 17:57:22 answering member 4928 label Biography information for Lord Harlech
tabling member	1796 label Biography information for Lord Taylor of Warwick

1540415

registered interest
date	07/11/2022
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 His Majesty's Government how many UK tax payers who were entitled to a Personal Allowance (even if abated by withdrawal) submitted an Income Tax Return in the last full fiscal year which declared a taxable income between £100,000 and £125,140.
tabling member printed	Lord Moylan
uin	HL3256
answer	answer is ministerial correction date of answer 17/11/2022 answer text <p>The Government does not publish this information.</p><p> </p><p>The total number of income taxpayers for those earning above £100,000 is published online in Table 2.5 of HMRC’s income tax liabilities statistics. For the 2022-23 tax year, this is estimated at 1,580,000. These statistics are based on the Survey of Personal Incomes (SPI) consistent with OBR forecasts within the 2022 Spring forecast.</p><p> </p><p>This table does not include a breakdown of the number of taxpayers with income between £100,000 and £125,140.</p> answering member printed Baroness Penn question first answered 17/11/2022 16:44:34 answering member 4726 label Biography information for Baroness Penn
tabling member	4883 label Biography information for Lord Moylan

1524817

registered interest
date	20/10/2022
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 His Majesty's Government what estimate they have made of the reduction in income tax receipts that would result per annum from restoring the Personal Allowance to those earning over £100,000 a year.
tabling member printed	Lord Moylan
uin	HL2763
answer	answer is ministerial correction date of answer 02/11/2022 answer text <p>The Government does not publish this information.</p><p> </p><p>For individuals with income above £100,000, the Personal Allowance (PA) is withdrawn gradually, with £1 of allowance lost for every £2 of income above the income limit of £100,000. This reduction continues until the PA is completely withdrawn for those with incomes above £125,140.</p><p> </p><p>The total income tax liability for those earning above £100,000 is published online in Table 2.5 of HMRC’s income tax liabilities statistics. For the 2022-23 tax year, this is estimated at £123 billion, almost half of the estimated income tax revenue for this year.</p><p> </p><p> </p><p>As with all aspects of the tax system, the Government keeps the withdrawal of the PA under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.</p> answering member printed Baroness Penn question first answered 02/11/2022 15:48:49 answering member 4726 label Biography information for Baroness Penn
tabling member	4883 label Biography information for Lord Moylan

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

1386813

registered interest
date	09/12/2021
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 whether, in order to estimate the revenue yield of a one per cent increase on all income tax rates payable on property income, they can draw on the data in Table 3.7 from the Survey of Personal Incomes, which compiles numbers of taxpayers and associated estimates of property income.
tabling member printed	Lord Macpherson of Earl's Court
uin	HL4840
answer	answer is ministerial correction date of answer 20/12/2021 answer text <p>While the Survey of Personal Incomes offers information on the amounts of property income received by Income Tax payers, additional analysis would be required to assess the revenue raised by increasing the rates of Income Tax on property income. This would need to include an assessment of interactions with other aspects of Income Tax, such as the application of allowances and thresholds and the behavioural response to the policy change.</p><p> </p><p>The Government has not made an assessment of the revenue that would be raised by increasing income tax rates applicable to property income by one per cent.</p> answering member printed Lord Agnew of Oulton question first answered 20/12/2021 12:35:54 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4586 label Biography information for Lord Macpherson of Earl's Court

1379712

registered interest
date	17/11/2021
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, if any, of the revenue that would be raised by increasing all income tax rates applicable to rental income by 1.25 per cent.
tabling member printed	Lord Macpherson of Earl's Court
uin	HL4148
answer	answer is ministerial correction date of answer 30/11/2021 answer text <p>The government has not made an assessment of the revenue that would be raised by increasing all income tax rates applicable to rental income by 1.25 per cent.</p><p> </p><p>The government keeps all aspects of the tax system under review and any decision on future changes will be taken as part of the annual Budget process in the context of the wider public finances.</p> answering member printed Lord Agnew of Oulton question first answered 30/11/2021 17:46:41 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4586 label Biography information for Lord Macpherson of Earl's Court

1362408

registered interest
date	21/10/2021
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 much revenue would be raised by increasing the income tax rate applicable to Schedule A income by 1.25 per cent.
tabling member printed	Lord Macpherson of Earl's Court
uin	HL3306
answer	answer is ministerial correction date of answer 04/11/2021 answer text <p>As a result of the Tax Law Rewrite, taxation of Schedule A income for individuals was repealed in 2005, and for companies in 2009. As a result, it would only be possible to estimate the revenue raised through an increase to the tax rate of Schedule A at a disproportionate cost.</p> answering member printed Lord Agnew of Oulton question first answered 04/11/2021 12:05:32 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4586 label Biography information for Lord Macpherson of Earl's Court