UK Parliament / Open data

Finance (No. 2) Bill

That is an important question. The measures to lift the personal allowance, from a little over £6,500 when we came into office to £10,500 as it will be in April next year, will mean that about 3 million people in this country—most of the people to whom he refers—are lifted out of paying income tax altogether. That is a serious benefit to those individuals. It also helps to improve incentives to work and to progress in work in this country and bears some responsibility for the stronger employment performance that we have seen in recent years.

Type
Proceeding contribution
Reference
578 c750 
Session
2013-14
Chamber / Committee
House of Commons chamber
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