Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has considered (a) removing the tapering-off of the personal allowance and (b) reducing the threshold for the additional rate of tax.

The withdrawal of the Personal Allowance affects those with income over £100,000 a year, reducing by £1 for every £2 above this threshold until it is fully withdrawn at £125,140.

The additional rate threshold of income tax is currently £125,140, following its reduction from £150,000 in Autumn 2022. The Government remains committed to maintaining strong public finances and ensuring those on higher incomes contribute a fair share.