Income Tax: Tax Allowances
Commons · Question 34649 · Tabled 28 Feb 2025 · Treasury · Official record
Answered 10 Mar 2025
Question
Asked by Lee Anderson
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential cost to the public purse of abolishing the (a) High Income Child Benefit Charge and (b) reductions in the level of Personal Allowance for people earning over (i) £
Answer
Answered by James Murray, 10 Mar 2025
The Government is committed to managing the public finances responsibly. The High Income Child Benefit Charge ensures that the Government supports the majority of families while keeping welfare expenditure sustainable.Data showing tax revenue raised by th...