questionText: To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of freezing the level of the tax-free Personal Allowance on the economy; and if he will make an assessment of the potential merits of increasing this level.
answerText: The Government is committed to keeping taxes low to support people to keep more of what they earn. The Personal Allowance has nearly doubled since 2010 and is over 20% higher in real terms. As with all aspects of the tax system, the Government keeps the P...
heading: Income Tax: Tax Allowances