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346870
registered interest false more like this
date less than 2015-05-27more like thismore than 2015-05-27
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Income Tax: Tax Allowances more like this
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 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. more like this
tabling member constituency Newport West more like this
tabling member printed
Paul Flynn more like this
uin 104 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-06-05more like thismore than 2015-06-05
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> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2015-06-05T13:38:43.753Zmore like thismore than 2015-06-05T13:38:43.753Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
545
label Biography information for Paul Flynn more like this