Income Tax: Tax Allowances
Commons · Question 51419 · Tabled 12 May 2025 · Treasury · Official record
Answered 15 May 2025
Question
Asked by Ben Lake
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of not increasing the personal allowance on levels of disposable income in Wales.
Answer
Answered by James Murray, 15 May 2025
The Government is committed to keeping taxes for working people as low as possible while ensuring fiscal responsibility. At our first Budget, we decided not to extend the freeze on personal tax thresholds which was implemented by the previous Government. ...