Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an estimate of the amount of revenue that removal of the personal allowance from additional rate taxpayers would raise.

Additional rate taxpayers do not currently benefit from the personal allowance as it is tapered away when a person has income over £100,000 and is fully removed for those paying the additional rate. Therefore this would have no exchequer impact.

In 2024-2025, the income limit for personal allowance is £100,000. For every £2 of additional income above the limit, the personal allowance decreases by £1, and reaches £0 at an income level of £125,140. The additional rate of income tax is paid on income over £125,140. All income tax rates and allowances are provided in the following publication: Income Tax rates and allowances for current and previous tax years - GOV.UK (www.gov.uk)