Asked by: Damian Green (Conservative - Ashford)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what fiscal steps he is taking to help people keep more of their earnings.
Answered by Greg Hands
The government has committed to increasing the personal allowance to £12,500 and the higher rate threshold to £50,000 by the end of the parliament, enabling people to keep more of the money they earn by paying less income tax. 8 out of 10 working households will be better off as a result of changes announced at this Budget to the personal allowance, National Living Wage and welfare.
Asked by: Damian Green (Conservative - Ashford)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what timetable he has set for enabling people to claim the marriage allowance; and if he will make a statement.
Answered by Damian Hinds
The Marriage Allowance came into effect on April 6 2015. It allows a spouse or civil partner to transfer 10 per cent of their personal allowance to their partner, provided that neither of them pay tax at the higher or additional rate. Eligible couples have been able to register their interest in the allowance since 20 February 2015 through GOV.uk and are being invited by HMRC to complete the application process through an online platform. Eligible couples who have not been able to register for the Marriage Allowance online, will be able to apply for the service after the Summer and will receive the full financial benefit for the 15-16 tax year, regardless of when in the year they apply.