Income Tax: Tax Allowances

Treasury written question – answered on 6th October 2008.

Alert me about debates like this

Photo of Graham Brady Graham Brady Conservative, Altrincham and Sale West

To ask the Chancellor of the Exchequer what the level of the personal allowance for income tax would be in the 2008-09 tax year if it had been increased in line with the Retail Price Index since 1972.

Photo of Jane Kennedy Jane Kennedy Financial Secretary, HM Treasury, Minister of State, Department for Environment, Food and Rural Affairs

The income tax personal allowance would be £4,065 for 2008-09 if it had been increased in line with the retail prices index each year since 1972.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.