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United Kingdom · Question · Written question

UIN 4626

Income Tax: Tax Allowances

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 September 2024

Last action

12 September 2024 · Answer

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Answered

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Discovery layer

Source updated

12 September 2024

Summary

To ask the Chancellor of the Exchequer, if she will make an estimate of the amount of revenue that removal of the personal allowance from additional rate taxpayers would raise.

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Timeline

  1. 9 September 2024

    Written question

    To ask the Chancellor of the Exchequer, if she will make an estimate of the amount of revenue that removal of the personal allowance from additional rate taxpayers would raise.

    Source: Commons

  2. 12 September 2024

    Answer

    Additional rate taxpayers do not currently benefit from the personal allowance as it is tapered away when a person has income over £100,000 and is fully removed for those paying the additional rate. Therefore this would have no exchequer impact. In 2024-2...

    Source: Written answer

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