{"value":{"id":1171925,"askingMemberId":4498,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2020-01-20T00:00:00","dateForAnswer":"2020-01-22T00:00:00","uin":"5481","questionText":"To ask the Chancellor of the Exchequer, what estimate he has made of the number of households with a single-earner income of over £50,000 in (a) North East Hampshire constituency and (b) the UK; and if he will make it his policy to support those households through the tax system.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":3991,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2020-01-28T00:00:00","answerText":"<p>The number of households with a single-earner income of over £50,000 is based on Department for Work and Pensions analysis of Households Below Average Income (HBAI) data sourced from the 2017-18 Family Resources Survey (FRS).</p><p> </p><p>The survey sample sizes are too small to produce robust estimates at local authority or constituency level. The Department for Work and Pensions estimate that in the UK in 2017-18 there were 2.7m households with one person earning over £50,000 per year from employment (either as an employee or self-employed). Of these, 700,000 households contained only one person in employment.</p><p> </p><p> </p><p>The Government has made substantial increases to the personal allowance and higher rate threshold in recent years. In April 2019, the Government increased the personal allowance to £12,500 and the higher rate threshold to £50,000. This ensured that nearly one million fewer people pay the higher rate of tax compared to 2015-16 and that a typical higher rate taxpayer pays over £1,800 less income tax than in 2010-11.</p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Personal Income","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1171925","method":"GET"}]}