UK Parliament / Open data

Finance (No. 2) Bill

The Minister is keen to discuss the change in the basic rate allowance, but he is rather less keen to discuss the 40% threshold, which has gone from £37,000 to £34,000, then to £32,000. The Government have dragged an extra 670,000 people into the 40p tax rate, which used to be for the rich, and that is before this year’s changes. He is rather less keen to discuss that. I wonder why.

Type
Proceeding contribution
Reference
561 c63 
Session
2012-13
Chamber / Committee
House of Commons chamber
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