.png)
.png)
Poverty Bill
Income Tax (Earnings Exemption for Persons Living in Poverty) (No. 2) Bill was introduced by Geoffrey Clifton-Brown MP under the ten-minute rule for Private Members' Bills on 16 November 2005.
The Bill proposes abolishing income tax for people with annual earnings of £10,000 or less, with a phased introduction to the tax system for those earning between £10,000 and £15,000. Those earning over £15,000 would be taxed under the existing system.
Poverty Bill
Income Tax (Earnings Exemption for Persons Living in Poverty) (No. 2) Bill was introduced by Geoffrey Clifton-Brown MP under the ten-minute rule for Private Members' Bills on 16 November 2005.
The Bill proposes abolishing income tax for people with annual earnings of £10,000 or less, with a phased introduction to the tax system for those earning between £10,000 and £15,000. Those earning over £15,000 would be taxed under the existing system.
The Bill will now be printed. A second reading has been scheduled for 20 October 2006, although it is all but certain that it will go no further.
Hansard, 16 November 2005, vol 439, no 67, col 971
