ja7IZXBJ
type: Answer
type: WrittenAnswer
answer has question: DRmhELnx
answer has answering person: wr73COQ7
answer text: The June 2010 Budget announced a £1,000 cash increase in the personal allowance for under 65s to £7,475 in 2011-12 with the benefits focused on individuals on low and middle incomes through accompanying changes to the basic rate limit and national insurance upper earnings and profit limits.As a result of these measures, the Government estimate that 1.07 million basic rate taxpayers in Wales benefited in 2011-12, with 41,000 of the lowest income taxpayers in Wales removed from income tax altogether.The 2011 Budget announced a £630 cash increase in the personal allowance for under 65s to £8,105 in 2012-13, with an equivalent reduction in the basic rate limit to leave the higher rate threshold unchanged.As a result of these measures, the Government estimate that 1.13 million basic rate taxpayers in Wales will benefit in 2012-13, of which 10,000 of the lowest income taxpayers in Wales will be removed from income tax altogether.Reliable estimates are not available at the local authority level.
answer given date: 2012-03-20+00:00
answer has answering body: kv2Qqfn9
written answer has answering body: kv2Qqfn9