Written question asked by Ed Balls (Labour) on Thursday, 21 April 2011, in the House of Commons. It was due for an answer on Thursday, 28 April 2011. It was answered by Justine Greening (Conservative) on Tuesday, 3 May 2011 on behalf of the Treasury.

Income Tax

Question: To ask the Chancellor of the Exchequer with reference to page 26 of his Department's Budget 2011 policy costings document, if he will publish the projections of future incomes based on the Survey of Personal Incomes.

Answer

[holding answer 28 April 2011]: The income tax base for policy costings is estimated using data on taxable incomes taken from the Survey of Personal Incomes (SPI).These estimates are based on the 2007-08 SPI using projections consistent with the OBR's March 2011 economic and fiscal outlook, details of which are available at:"http://budgetresponsibility.independent.gov.uk/wordpress/docs/economic_and_fiscal_outlook_23032011.pdf"The estimated average total income of taxpayers in 2012-13 to 2015-16 taking account of all policy announcements up to 2015-16 is shown in the following table.

	Taxpayers average total income (£)
2012-13	31,500
2013-14	32,600
2014-15	34,000
2015-16	35,400

Secondary information

Type: Written question
Reference: 53092; 527 c681W
Session: 2010-12
Subjects: Personal income
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk

Income Tax

Secondary information

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