Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether his Department has made an assessment of whether the UK leaving the EU without a deal will have an effect on income tax rates; and if he will make a statement.
The Government has undertaken a significant amount of work to assess the economic and fiscal implications of leaving the EU as part of continued rigorous and extensive analytical work on a range of scenarios.
The Prime Minister has made clear however that the UK aims to agree an ambitious and comprehensive economic partnership with the EU that is of far greater scope and ambition than any existing free trade agreement.