Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Gregory Campbell Excerpts
Tuesday 29th October 2024

(2 days, 14 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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Councils’ housing revenue accounts are a significant part of local authority finances, and it is therefore not right to exclude them from our fiscal rules, but I reassure my hon. Friend that this Government’s commitment to deliver 1.5 million new homes will be delivered.

Gregory Campbell Portrait Mr Gregory Campbell (East Londonderry) (DUP)
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However “working people” is defined, does the Chancellor not accept that people on low incomes and part-time employees who earn up to £300 a week should be exempt from paying income tax?

Rachel Reeves Portrait Rachel Reeves
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We will set out details of our tax policy in the Budget tomorrow, but this Government have made a commitment to working people that we will not increase their income tax, their national insurance or the value added tax they pay.