Taxation

(asked on 12th March 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of changes to personal tax thresholds on incentives to work.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Shadow Secretary of State for Culture, Media and Sport
This question was answered on 20th March 2024

The Office for Budget Responsibility provide the official government forecasts. Their estimate of the impact of personal tax policies on work incentives can be found in Box 3.2 of their Economic and Fiscal Outlook – March 2024.

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