Taxation: Young People

(asked on 7th November 2017) - View Source
Questioner
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
(Conservative - Berwick-upon-Tweed)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the level of (a) income tax and (b) National Insurance contributions paid to the public purse by people under the age of 18 in each of the last five years.

Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 16th November 2017

is table contains estimates of the total amount of income tax and national insurance liabilities of individuals who are under the age of 18 at the end of the tax year.

Total Income Tax and NICs liabilities for individuals under the age of 18 (£ millions)(1)(2)

Income Tax

NIC's

2012-13

22.6

9.2

2013-14

20.9

8.8

2014-15

34.9

12.0

  1. All counts are presented in millions and rounded to the nearest hundred thousand pounds.

  2. These estimates are based on the Survey of Personal Incomes (SPI) for the years concerned.

    Outturn data for the most recent two tax years (2015-16 and 2016‑17) are yet available. The latest available outturn data in this format is from the Survey of Personal Incomes for 2014‑15.

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