§ 17. Mr. GallieTo ask the Chancellor of the Exchequer what is his policy for personal allowances. [24337]
§ Mr. JackThe Government's overall objectives for the tax system are set out at paragraph 5.02 of the "Financial Statement and Budget Report 1996–97". Our policy is to maintain a broad tax base and reduce marginal tax rates. Personal allowances are an integral part of achieving those objectives and are considered each year in the run-up to the Budget.