Written question asked by Lord Willetts (Conservative) on Wednesday, 21 July 2004, in the House of Commons. It was due for an answer on Tuesday, 7 September 2004. It was answered by Baroness Primarolo (Labour) on Tuesday, 7 September 2004 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what the effects would be on the incomes of households in each quintile of the income distribution of raising the personal income tax allowance to £10,000 per annum. - Inc table.

Answer: Mr. Willetts: To ask the Chancellor of the Exchequer what the effects would be on the incomes of households in each quintile of the income distribution of raising the personal income tax allowance to £10,000 per annum. [186783] Dawn Primarolo: The information is as follows. Percentage increase _________________________________________________________________________________________________. Quintile Percentage change in net equivalised household income (before housing costs) 1 1.4 2 3.1 3 4.9 4 5.9 5 5.1 _________________________________________________________________________________________________. These changes in household income are based on IGOTM tax and benefits model using the Family Resources Survey 2002-03.

Secondary information