Guto Bebb
Main Page: Guto Bebb (Independent - Aberconwy)Department Debates - View all Guto Bebb's debates with the Cabinet Office
(11 years, 10 months ago)
Commons Chamber10. What assessment he has made of the Government’s income tax policy so far as it relates to Wales.
14. What assessment he has made of the Government’s income tax policy so far as it relates to Wales.
In 2013, the increase in the personal allowance for income tax will be the largest ever cash increase and shows that this Government are committed to creating a fair tax system that rewards hard work.
It is indeed great news in Llanbedr Pont Steffan and elsewhere in Wales that, as a result of the decisions taken by my right hon. Friend the Chancellor in the autumn statement, an additional 13,000 people will be lifted out of tax altogether, with a total benefit to people of £1.1 million.
The Silk commission proposals will provide the Welsh Government with the power to vary individual tax bands. Does the Secretary of State share my concern that the Welsh Labour Government might be tempted further to target the 6% of Welsh taxpayers who pay the higher rate of income tax and contribute 33% of all taxes raised in Wales?
The Government are considering the recommendations of the Silk report and will be reporting on them very shortly. That is the appropriate time to take them forward.