Income Tax: Tax Rates and Bands
Commons · Question 27837 · Tabled 31 Jan 2025 · Treasury · Official record
Answered 5 Feb 2025
Question
Asked by Gregory Campbell
To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 December 2024 to Question 18292 on Income Tax: Tax Rates and Bands, what estimate she has made of additional tax revenue raised by freezing the (a) standard and (b) higher rate income ta
Answer
Answered by James Murray, 5 Feb 2025
The Office for Budget Responsibility (OBR) routinely publish this information in their Economic and Fiscal Outlooks (EFO). The table below is extracted from the OBR’s most recent EFO, from October 2024 (Table 3.9, available here: https://obr.uk/economic-a...