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Written question asked by David Anderson (Labour) on Tuesday, 15 September 2015, in the House of Commons. It was due for an answer on Thursday, 17 September 2015. It was answered by Damian Hinds (Conservative) on Wednesday, 23 September 2015 on behalf of the Treasury.


Personal Income

Question

To ask Mr Chancellor of the Exchequer, what estimate he has made of the maximum number of people whose income will fall as a result of changes to taxes and benefits introduced by the Summer Budget 2015; and if he will estimate the average fall in annual income for those people.

Answer

The reforms announced at the Summer Budget will ensure that support will be focused more on those on the very lowest incomes and the system will be fairer upon those who pay for it, as well as those who benefit from it. Taking the welfare changes in the Budget together with the record increases in the income tax personal allowance and the introduction of the new National Living Wage, 8 out of 10 working households will be better off in 2017-18.


Secondary information

Type
Written question
Reference
10384
Session
2015-16
Subjects
Personal income Social security benefits Taxation Budget July 2015
Contains statistics
Yes
Link
View this Written question on www.parliament.uk