Taxation: Young People
(asked on 6th March 2018) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the average amount of tax and national insurance paid by people aged 16 and 17 years of age.
This table contains estimates of both the total and the average amount of income tax liabilities of individuals who are aged 16 or 17 at the end of the 2015-16 tax year and are liable for income tax.
This table also contains estimates of both the total and the average amount of national insurance liabilities of individuals who are aged 16 or 17 at the end of the 2015-16 tax year and are liable for national insurance.
Income tax and national insurance paid by individuals aged 16 or 17(1) | ||
| Income Tax | National Insurance |
Total(2) | £17,300,000 | £12,700,000 |
Average(3) | £2,130 | £117 |
1) These estimates are based on the 2015-16 Survey of Personal Incomes (SPI).
2) Total figures presented are rounded to the nearest hundred thousand.
3) Average figures presented are rounded to the nearest whole number.