Income Tax: Tax Allowances

Treasury written question – answered am ar 9 Chwefror 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of John Martin McDonnell John Martin McDonnell Llafur, Hayes and Harlington

To ask the Chancellor of the Exchequer, whether he plans to lift the freeze on personal tax allowance.

Photo of Nigel Huddleston Nigel Huddleston The Financial Secretary to the Treasury

The Government is committed to keeping taxes low to support people to keep more of what they earn. However, the Government must also ensure the UK’s economic stability and provide confidence in the commitment to fiscal discipline. The Chancellor has made clear that the UK’s public finances must be on a sustainable path into the medium term.

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