Written Question·Treasury·UIN 46234
Tax Allowances
Tabled: 17 April 2025
Answered: 24 April 2025
Named DayQuestion
Sir Ashley Fox
Conservative — Bridgwater
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of raising the personal tax-free allowance in line with the state pension on public finances.
Answer
James MurrayThe Personal Allowance - the amount an individual can earn before paying tax - will continue to exceed the basic and full new State Pension this tax year. This means pensioners whose sole income is the full new State Pension or basic State Pension without...
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