Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(12 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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As I have said, we have increased the personal allowance to increase the income going to working families. Of course, these are difficult economic times. We are having to take difficult decisions but they are decisions that support those who want to work hard and get on.

Lord Evans of Rainow Portrait Graham Evans (Weaver Vale) (Con)
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Hard-working strivers in Weaver Vale will welcome my right hon. Friend’s announcement that their personal tax allowance will increase to £9,440. Can he remind the House of the 10p tax fiasco that hit the poorest hardest? Does he agree that it is those on the Government Benches who always make it pay to work?

George Osborne Portrait Mr Osborne
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My hon. Friend puts it extremely powerfully on behalf of his Cheshire constituents. We remember the income tax decisions of the previous Government—the abolition of the 10p tax rate that hit the poorest. For 13 years, as I said, the rich were paying less in income tax than they are paying in any one year of this Government.