Written Question
Question Link
Tuesday 13th May 2014
Asked by:
David Ruffley (Conservative - Bury St Edmunds)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will estimate the potential cost to the public purse of raising the income tax personal allowance for 2014-15 from £10,000, (a) £10,550, (b) £11,000, (c) £11,500, (d) £12,000, (e) £12,500 and (f) £13,000.
Answered by David Gauke
The cost of raising the income tax personal allowance may be approximated using the “Direct effects of illustrative tax changes” table as published on the internet at the following address:
https://www.gov.uk/government/publications/direct-effects-of-illustrative-tax-changes
Speech in Commons Chamber - Tue 29 Apr 2014
Oral Answers to Questions
"The elimination of the deficit by the end of the next Parliament still requires reducing general Government consumption to its 1948 level. Will the Chancellor confirm that that is in the national interest and that the Labour party does not have a snowball’s chance in Hades of achieving it?..."David Ruffley - View Speech
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Written Question
Question Link
Thursday 10th April 2014
Asked by:
David Ruffley (Conservative - Bury St Edmunds)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will estimate the number of individual taxpayers in each £1,000 band of gross income between £40,000 and £70,000.
Answered by David Gauke
HM TREASURY
David Ruffley MP
BURY ST EDMUNDS
To ask Mr Chancellor of the Exchequer, if he will estimate the numbers of individual taxpayers in each £1,000 band of gross income between £40,000 and £70,000. 191879
DAVID GAUKE
The estimates requested are in the table attached.
Number of taxpayers
(thousands) |
Total Income in £1,000 bands
(lower bound £) | 2011-12(1) | Projections from 2011-12 data |
2013-14(2) | 2014-15(2) |
40,000 | 282 | 277 | 303 |
41,000 | 269 | 278 | 267 |
42,000 | 304 | 258 | 267 |
43,000 | 219 | 256 | 257 |
44,000 | 212 | 255 | 238 |
45,000 | 197 | 264 | 229 |
46,000 | 176 | 212 | 229 |
47,000 | 157 | 193 | 247 |
48,000 | 147 | 172 | 224 |
49,000 | 136 | 157 | 183 |
50,000 | 124 | 146 | 161 |
51,000 | 114 | 134 | 149 |
52,000 | 110 | 124 | 137 |
53,000 | 105 | 113 | 128 |
54,000 | 95 | 108 | 117 |
55,000 | 90 | 105 | 108 |
56,000 | 86 | 95 | 106 |
57,000 | 79 | 89 | 97 |
58,000 | 72 | 80 | 94 |
59,000 | 69 | 80 | 83 |
60,000 | 67 | 74 | 72 |
61,000 | 60 | 68 | 76 |
62,000 | 62 | 62 | 70 |
63,000 | 57 | 65 | 68 |
64,000 | 50 | 60 | 61 |
65,000 | 49 | 59 | 64 |
66,000 | 46 | 53 | 58 |
67,000 | 45 | 49 | 57 |
68,000 | 40 | 50 | 52 |
69,000 | 39 | 44 | 47 |
(1) These estimates are based on the Survey of Personal Incomes 2011-12 which is the latest year for which outturn data is available.
(2) These estimates are based on the Survey of Personal Incomes 2011-12 projected forward using economic assumptions consistent with the Office for Budget Responsibility's December 2013 economic and fiscal outlook.
Speech in Commons Chamber - Tue 10 Dec 2013
Oral Answers to Questions
"The Chancellor last week published evidence showing that his bold cuts to corporation tax more or less paid for themselves because of the extra economic activity they generated. Can a similar piece of work not be done to demonstrate that further cuts in income tax will also pay for themselves …..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 09 Jul 2013
Financial Services (Banking Reform) Bill
"I congratulate my hon. Friend, and I congratulate my hon. Friend the Member for South Northamptonshire (Andrea Leadsom) on introducing new clause 14, which I call the Leadsom clause. Before concluding will my hon. Friend share with us the work he has done in speaking over the past two years …..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 09 Jul 2013
Financial Services (Banking Reform) Bill
"How about “Hard Times”?..."David Ruffley - View Speech
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Speech in Commons Chamber - Mon 08 Jul 2013
Financial Services (Banking Reform) Bill
"On a point of information, what fiduciary duties, other than a duty of care, does the hon. Lady envisage?..."David Ruffley - View Speech
View all David Ruffley (Con - Bury St Edmunds) contributions to the debate on: Financial Services (Banking Reform) Bill
Speech in Commons Chamber - Mon 08 Jul 2013
Financial Services (Banking Reform) Bill
"I shall make two brief points. First, I congratulate my hon. Friend the Member for North East Cambridgeshire (Stephen Barclay) on drawing attention to something very important to the House—that it is this Government who have got behind the idea that there should be, in certain limited circumstances, a custodial …..."David Ruffley - View Speech
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Speech in Commons Chamber - Mon 08 Jul 2013
Financial Services (Banking Reform) Bill
"May I unpick what the hon. Gentleman is saying? Does he mean a minimum leverage ratio or a target? There is a difference. Perhaps he could clarify that...."David Ruffley - View Speech
View all David Ruffley (Con - Bury St Edmunds) contributions to the debate on: Financial Services (Banking Reform) Bill
Speech in Commons Chamber - Mon 08 Jul 2013
Financial Services (Banking Reform) Bill
"The hon. Gentleman is being very generous in giving way, but I want to be clear about his proposition. A target would imply that a bank that was just 10 times leverage would have to raise its leverage ratio to 25 times if it was a 4% target, whereas if …..."David Ruffley - View Speech
View all David Ruffley (Con - Bury St Edmunds) contributions to the debate on: Financial Services (Banking Reform) Bill