Income Tax: Solihull

HM Treasury written question – answered on 13th April 2016.

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Photo of Julian Knight Julian Knight Conservative, Solihull

To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of people in Solihull who will pay less income tax as a result of the increase in the personal allowance announced in Budget 2016.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

The £300 increase in the personal allowance announced at Budget 16 is estimated to have reduced income tax for 28.9 million income tax payers in 2017-18. Of these individuals, 2.4 million live in the West Midlands region, which includes the Parliamentary Constituency of Solihull.

These estimates are based on the 2013-14 Survey of Personal Incomes, projected to 2017-18 using economic assumptions consistent with the Office for Budget Responsibility’s March 2016 economic and fiscal outlook.

HM Treasury does not publish this information at constituency level.

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