Income Tax: Tax Rates and Bands

(asked on 10th October 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of revising the starting threshold for (a) basic-rate and (b) top-rate income taxpayers for each £500 the threshold is raised.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 16th October 2014

The cost of raising the income tax limits may be approximated using the “Direct effects of illustrative tax changes” table as published on the internet at the following address:

https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes

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