Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish the estimate of the cost to the public purse, including money spent IT systems and support staff, of the decision not to cut the basic rate of income tax, announced in the Autumn Statement 2022.

There was no cost incurred by the decision not to cut the basic rate of income tax. HMRC did not implement the basic rate changes in their systems before the Autumn Statement 2022 so there was no cost involved with maintaining the basic rate at 20 per cent.