Marginal Tax Rates

Summary

To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 December 2024 to Question 19379 on Marginal Tax Rates, whether she has made an assessment of the potential impact of people earning just under £100,000 (a) working additional hours and (

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Timeline

1. 21 March 2025

   Written question

   To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 December 2024 to Question 19379 on Marginal Tax Rates, whether she has made an assessment of the potential impact of people earning just under £100,000 (a) working additional hours and (

   Source: Commons

2. 28 March 2025

   Answer

   As set out previously, within the personal tax system, withdrawal of the Personal Allowance affects those with income over £100,000 a year. It was introduced in 2010-11 and occurs gradually, with £1 of allowance lost for every £2 of income above the incom...

   Source: Written answer

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• · Treasury · Answering body

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