Written Question·Treasury·UIN 40273

Marginal Tax Rates

Tabled: 21 March 2025

Answered: 28 March 2025

Question

Mr Tanmanjeet Singh Dhesi

To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 December 2024 to Question 19379 on Marginal Tax Rates, whether she has made an assessment of the potential impact of people earning just under £100,000 (a) working additional hours and (

Answer

James Murray

As set out previously, within the personal tax system, withdrawal of the Personal Allowance affects those with income over £100,000 a year. It was introduced in 2010-11 and occurs gradually, with £1 of allowance lost for every £2 of income above the incom...

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