Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the financial effect of Income Tax reductions on the average person in work since 2010.

The Personal Allowance has increased by nearly 50 per cent in real terms in the last decade, ensuring some of the lowest earners do not pay income tax. Compared to 2010-11, a typical basic rate taxpayer will pay over £800 less income tax in 2021-22 in real terms. The Personal Allowance is the highest basic personal tax allowance of all countries in the G20, and it remains one of the most generous internationally.