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Written question asked by Baroness Lister of Burtersett (Labour) on Monday, 23 March 2015, in the House of Lords. It was due for an answer on Monday, 30 March 2015. It was answered by Lord Deighton (Conservative) on Thursday, 26 March 2015 on behalf of the Treasury.

Income Tax

Question

To ask Her Majesty’s Government what proportion of people whose incomes are too low to be affected by the increase in personal tax allowances announced in the Budget have children.

Answer

Since 2010 this Government has lifted over three million people out of income tax.

In the income tax years 2016-17 and 2017-18, it is estimated that, for individuals aged over 16, whose income would be below the Personal Allowance before the Budget announced increases, 66% are female and 41% of those individuals have dependent children.

These estimates are derived from the results of the 2012-13 Family Resources Survey (FRS) projected forward to 2016-17 and 2017-18 using economic assumptions consistent with the Office for Budget Responsibility’s March 2015 economic and fiscal outlook.

Secondary information

Type
Written question
Reference
HL5927
Session
2014-15
Grouped for answer
Yes
Subjects
Income tax Parents Tax allowances
Contains statistics
Yes
Link
View this Written question on www.parliament.uk