Clause 24 - Personal allowances for those aged 65 or more
Finance Bill
10:15 am
Mr Howard Flight (Shadow Chief Secretary To the Treasury, Economic Affairs; Arundel and South Downs, Conservative)
The clause serves to increase age-related personal allowances by 3.3 per cent., together with related income limits. Why has there been special treatment for this category of people, when the basic personal allowances—the age-related allowance for married couples and the blind persons allowance—have all been based on RPIX at 2.8 per cent.? What is the logic for having 3.3 per cent. for one group, while others, which are apparently equally worthy, have only 2.8 per cent.?