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418644

registered interest
date	14/09/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Allowances
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 will potentially lose their personal tax allowance as a result of the provisions set out in clause 24 of the Finance Bill 2015.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	10112
answer	answer is ministerial correction date of answer 22/09/2015 answer text <p>The information requested could only be provided at disproportionate cost.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 22/09/2015 13:00:55 answering member 1529 label Biography information for Mr David Gauke
tabling member	4093 label Biography information for Stephen McPartland

418645

registered interest
date	14/09/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Income Tax: Tax Allowances
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 lower rate income tax payers who will potentially be moved into the higher rate as a result of the provisions set out in clause 24 of the Finance Bill 2015.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	10113
answer	answer is ministerial correction date of answer 22/09/2015 answer text <p>It is assumed that the question refers to clause 24 of the Summer 2015 Finance Bill: relief for finance costs related to residential property businesses.</p><p> </p><p> </p><p> </p><p>To make the tax system fairer, the Government will restrict the amount of tax relief landlords can claim on property finance costs (such as mortgage interest or interest on loans to buy furnishings) to the basic rate of tax. This will ensure that landlords with the largest incomes no longer receive the most generous tax treatment. To give landlords time to adjust the Government will introduce this change over 4 years starting from April 2017.</p><p> </p><p> </p><p> </p><p>The actual number of taxpayers affected will depend on behavioural changes and other economic factors.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 22/09/2015 13:19:23 answering member 1529 label Biography information for Mr David Gauke
tabling member	4093 label Biography information for Stephen McPartland

384871

registered interest
date	23/06/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to reinstate the full personal tax allowance for individuals earning in excess of £100,000 per year.
tabling member constituency	Shipley
tabling member printed	Philip Davies
uin	3724
answer	answer is ministerial correction date of answer 30/06/2015 answer text <p>The government inherited a taper system withdrawing the personal allowance for those on incomes above £100,000 from the Labour government.</p><p> </p><p> </p><p> </p><p>The government has also inherited the largest deficit in post-war history due to unsustainable increases in government spending by the Labour government and the effects of the financial crisis. Because of this exceptional challenge we have been unable to remove the personal allowance taper to date. The government’s focus has been on helping low and middle income earners.</p><p> </p><p> </p><p> </p><p>However, the government has committed to raising the higher rate threshold to £50,000 by the end of this parliament. This will lower taxes for middle and high income earners as it will increase the point before individuals start paying 40% income tax. The government wants to reduce the amount of income tax that people pay and rewarding those who want to work hard and progress.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 30/06/2015 15:47:16 answering member 1529 label Biography information for Mr David Gauke
tabling member	1565 label Biography information for Sir Philip Davies

346870

registered interest
date	27/05/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the cost to the public purse will be by 2020 of increasing the personal allowance to £12,500 per annum; and from which area of expenditure that cost will be met.
tabling member constituency	Newport West
tabling member printed	Paul Flynn
uin	104
answer	answer is ministerial correction date of answer 05/06/2015 answer text <p>The cost of raising the income tax personal allowance may be approximated using the “Direct effects of illustrative tax changes” table as published at the following address:</p><p> </p><p> </p><p> </p><p><a href="https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes" target="_blank">https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes</a></p><p> </p><p> </p><p> </p><p>The table shows the cost of a £100 increase and a 10% increase in the personal allowance. This can be used to scale the proportionate cost to raise the personal allowance to a level where indexation would take it to £12,500 by 2020-21.</p><p> </p><p> </p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 05/06/2015 13:38:43 answering member 1529 label Biography information for Mr David Gauke
tabling member	545 label Biography information for Paul Flynn

347020

registered interest
date	27/05/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to increase the personal tax allowance.
tabling member constituency	Sheffield, Heeley
tabling member printed	Louise Haigh
uin	260
answer	answer is ministerial correction date of answer 05/06/2015 answer text <p>The government has committed to raise the income tax personal allowance to £12,500 by end of this parliament. Alongside this commitment, the government will also legislate to ensure that that, in the future, individuals working 30 hours at the national minimum wage do not pay income tax.</p><p> </p><p> </p><p>Increases in the personal allowance this Parliament will benefit around 30 million individuals.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 05/06/2015 13:33:42 answering member 1529 label Biography information for Mr David Gauke
tabling member	4473 label Biography information for Louise Haigh

347087

registered interest
date	27/05/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, when the Government plans to raise the income tax personal allowance to £12,000 per year.
tabling member constituency	Islington South and Finsbury
tabling member printed	Emily Thornberry
uin	224
answer	answer is ministerial correction date of answer 05/06/2015 answer text <p>The government has committed to raise the income tax personal allowance to £12,500 by end of this parliament. Alongside this commitment, the government will also legislate to ensure that that, in the future, individuals working 30 hours at the national minimum wage do not pay income tax.</p><p> </p><p> </p><p>Increases in the personal allowance this Parliament will benefit around 30 million individuals.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 05/06/2015 13:34:49 answering member 1529 label Biography information for Mr David Gauke
tabling member	1536 label Biography information for Emily Thornberry

222405

registered interest
date	20/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
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 cost to the public purse of raising personal tax allowances by 10 per cent.
tabling member constituency	Great Grimsby
tabling member printed	Austin Mitchell
uin	224567
answer	answer is ministerial correction date of answer 26/02/2015 answer text <p>This Government has increased the personal allowance from £6,475 to £10,600 over this Parliament. No estimate has been made of a 10% increase in personal tax allowances. HM Revenue and Customs (HMRC) do publish a ready reckoner of changes to the main rates and thresholds of UK taxes. This does not take into account behavioural change. This is available at:</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/403375/20141203_Illustrativechangesbulletinupdated.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/403375/20141203_Illustrativechangesbulletinupdated.pdf</a>.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 26/02/2015 16:48:40 answering member 1529 label Biography information for Mr David Gauke
tabling member	372 label Biography information for Austin Mitchell

178455

registered interest
date	09/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Income Tax: Tax Allowances
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will make an estimate of the number of people currently paying income tax who would not pay that tax if the threshold at which it begins to be payable were to be raised to £15,000 per annum.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	223778
answer	answer is ministerial correction date of answer 25/02/2015 answer text <p>It is estimated that raising the personal tax allowance to £15,000 in the year 2015-16 would take 6.2 million individuals out of income tax liability at a cost of £26 billion to the Exchequer.</p><p> </p><p> </p><p> </p><p>These estimates are based on the 2011-12 Survey of Personal Incomes projected forward to 2015-16 using economic assumptions consistent with the OBR’s December 2014 economic and fiscal outlook.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 25/02/2015 16:57:42 answering member 1529 label Biography information for Mr David Gauke
tabling member	1409 label Biography information for Mr Gregory Campbell