Tax Yields

(asked on 13th October 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much tax revenue his Department expects to collect in the next 12 months as a result of the tax cuts announced in the Government's economic proposals on 23 September 2022.


Answered by
Richard Fuller Portrait
Richard Fuller
This question was answered on 21st October 2022

HM Treasury does not publish forecasts of the economy or the public finances. Forecasts of future receipts are produced by the Office for Budget Responsibility (OBR) as part of their Economic and Fiscal Outlook.

The OBR will publish the next economic and fiscal forecast on 31 October. This will assess the fiscal impact of the Chancellor’s medium-term fiscal plan and previously announced measures.

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