Skip to main content

Income Tax

Volume 448: debated on Tuesday 11 July 2006

To ask the Chancellor of the Exchequer what the standard income tax reliefs are; and which attract relief at the (a) basic rate and (b) payer's marginal rates. (83801)

The standard income tax reliefs are the personal allowance, £5,035 in 2006-07, and the age related levels of the personal allowance, £7,280 in 2006-07 for people aged 65-74 and £7,420 for people aged 75 and over. All attract relief at the marginal rate.