Income Tax

(asked on 5th July 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will make it his policy to include the cash value of changes to income tax on payslips when any change is made.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 12th July 2017

Information on income tax is provided in annual tax summaries which have been issued for the last three years. Tax summaries show individuals how their income tax and National Insurance contributions have been calculated for all their employments and other forms of taxable income, and how this contributes to public expenditure.

Individuals can compare one year’s tax summary with another to see how changes to income tax, such as increases to the personal allowance, affect their tax bill. Since 2010, the personal allowance has increased by nearly 80 per cent - from £6,475 in 2010-11, to £11,500 in 2017-18.

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