Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the (a) development and (b) dissemination of artificial intelligence on the tax base.

HM Treasury conducts a wide range of analysis to inform policy development. This includes working closely with the Department for Science, Technology and Innovation to understand the transformative impacts Artificial Intelligence (AI) may have across the UK economy.

In addition, the Office for Budget Responsibility (OBR), as the Government's official independent forecaster, is responsible for assessing the UK’s economic and fiscal outlook, which may include the potential estimates of the impacts of AI where sufficient evidence exists.