Low Incomes and Pensioners: Tax Allowances
Commons · Question 20835 · Tabled 17 Dec 2024 · Treasury · Official record
Answered 20 Dec 2024
Question
Asked by Ben Maguire
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of maintaining the personal tax allowance on (a) pensioners and (b) low-income households in each of the next three years.
Answer
Answered by James Murray, 20 Dec 2024
This Government is committed to keeping taxes as low as possible for working people and pensioners while ensuring fiscal responsibility, which is why it is not extending the freeze on personal tax thresholds that was implemented by the previous Government...