Economic Growth: Taxation
Commons · Question 6835 · Tabled 4 Jun 2026 · Treasury · Official record
Answered 10 Jun 2026
Question
Asked by Gareth Davies
To ask the Chancellor of the Exchequer, what assessment she has made of the implications for economic growth of tax reaching a forecast 38.5 per cent of GDP.
Answer
Answered by Torsten Bell, 10 Jun 2026
The government has made fair and necessary choices on tax so it can deliver on the public’s priorities. The UK’s current tax-to-GDP ratio remains in the middle of the pack within the G7. Whilst the government does not publish forecasts of economic growth,...