The Government is committed to raising the income tax personal allowance from £10,600 to £12,500 by the end of this parliament. This is alongside our commitment to raise the higher rate threshold to £50,000. Over 30 million individuals will benefit from these changes.<\/p>
<\/p>
Summer Budget 2015 confirmed that the personal allowance will increase to £11,000 in 2016-17, and £11,200 in 2017-18.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2016-03-01", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-03-01T15:04:23.947Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2016-02-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, whether he plans to increase the personal allowance during this Parliament.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4484", "label" : {"_value" : "Biography information for Alan Mak"} } , "tablingMemberConstituency" : {"_value" : "Havant"} , "tablingMemberPrinted" : [{"_value" : "Mr Alan Mak"} ], "uin" : "903839"} , {"_about" : "http://data.parliament.uk/resources/445436", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/445436/answer", "answerText" : {"_value" : "
The Government estimates that the increase in the personal allowance to £11,000 in 2016/17 will reduce the income tax liability for 29.2 million individuals in the UK.<\/p>
"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"}
}
, "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"}
, "answeringMemberPrinted" : {"_value" : "Mr David Gauke"}
, "dateOfAnswer" : {"_value" : "2016-01-21", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2016-01-21T17:16:51.053Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "CaTreasury"}
, "date" : {"_value" : "2016-01-18", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask Mr Chancellor of the Exchequer, if he will publish an estimate of how many people in each region and parliamentary constituency will benefit from the rise in the income tax personal allowance to £11,000 on 6 April 2016.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1540", "label" : {"_value" : "Biography information for Greg Mulholland"}
}
, "tablingMemberConstituency" : {"_value" : "Leeds North West"}
, "tablingMemberPrinted" : [{"_value" : "Greg Mulholland"}
], "uin" : "22893"}
, {"_about" : "http://data.parliament.uk/resources/424053", "AnsweringBody" : [{"_value" : "HM Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/424053/answer", "answerText" : {"_value" : "
Summer Budget 2015 confirmed that the personal allowance will increase from £10,600 in 2015-16 to £11,000 in 2016-17. These changes will benefit over 29 million individuals, taking 570,000 taxpayers out of income tax altogether. A typical basic rate taxpayer will see their income tax bill reduced by £905, compared to 2010.<\/p>
This is the first step towards meeting our commitment to raise the personal allowance to £12,500 by the end of this parliament.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2015-10-27", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-10-27T16:22:57.823Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2015-10-21", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect on earnings of the increase in the personal allowance planned for 2016-17; and how he plans to deliver an increase in that allowance to £12,500 by 2020.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4485", "label" : {"_value" : "Biography information for Johnny Mercer"} } , "tablingMemberConstituency" : {"_value" : "Plymouth, Moor View"} , "tablingMemberPrinted" : [{"_value" : "Johnny Mercer"} ], "uin" : "901814"} , {"_about" : "http://data.parliament.uk/resources/422549", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/422549/answer", "answerText" : {"_value" : "
The government has committed to raising the income tax personal allowance to £12,500 by the end of this parliament, alongside our commitment to raise the higher rate threshold to £50,000. These changes will benefit over 30 million individuals.<\/p>
Summer Budget 2015 set out the first step in meeting this commitment. The personal allowance will increase from £10,600 in 2015-16 to £11,000 in 2016-17, and £11,200 in 2017-18.<\/p>
These changes will benefit over 29 million individuals and take 570,000 individuals out of income tax altogether by 2016-17. This will increase to over 660,000 by 2017-18. A typical basic rate taxpayer will see their income tax bill reduced by £905 by 2016-17, compared to 2010.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2015-10-28", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-10-28T17:32:25.137Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2015-10-20", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what plans he has to raise the income tax personal allowance during this Parliament.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/3960", "label" : {"_value" : "Biography information for Henry Smith"} } , "tablingMemberConstituency" : {"_value" : "Crawley"} , "tablingMemberPrinted" : [{"_value" : "Henry Smith"} ], "uin" : "12640"} , {"_about" : "http://data.parliament.uk/resources/418644", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/418644/answer", "answerText" : {"_value" : "
The information requested could only be provided at disproportionate cost.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2015-09-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-09-22T13:00:55.617Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2015-09-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4093", "label" : {"_value" : "Biography information for Stephen McPartland"} } , "tablingMemberConstituency" : {"_value" : "Stevenage"} , "tablingMemberPrinted" : [{"_value" : "Stephen McPartland"} ], "uin" : "10112"} , {"_about" : "http://data.parliament.uk/resources/418645", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/418645/answer", "answerText" : {"_value" : "
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>
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>
The actual number of taxpayers affected will depend on behavioural changes and other economic factors.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2015-09-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-09-22T13:19:23.687Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2015-09-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4093", "label" : {"_value" : "Biography information for Stephen McPartland"} } , "tablingMemberConstituency" : {"_value" : "Stevenage"} , "tablingMemberPrinted" : [{"_value" : "Stephen McPartland"} ], "uin" : "10113"} , {"_about" : "http://data.parliament.uk/resources/384871", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/384871/answer", "answerText" : {"_value" : "
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>
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\u2019s focus has been on helping low and middle income earners.<\/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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2015-06-30", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-06-30T15:47:16.777Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2015-06-23", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Income Tax: Tax Allowances"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1565", "label" : {"_value" : "Biography information for Sir Philip Davies"} } , "tablingMemberConstituency" : {"_value" : "Shipley"} , "tablingMemberPrinted" : [{"_value" : "Philip Davies"} ], "uin" : "3724"} , {"_about" : "http://data.parliament.uk/resources/346870", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/346870/answer", "answerText" : {"_value" : "
The cost of raising the income tax personal allowance may be approximated using the \u201cDirect effects of illustrative tax changes\u201d table as published at the following address:<\/p>
<\/p>
<\/p>
<\/p>