Taxation

(asked on 15th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of hypothecating future tax increases to fund specific public services.


Answered by
Darren Jones Portrait
Darren Jones
Minister for Intergovernmental Relations
This question was answered on 23rd October 2024

It is right that public spending is sustainably funded through a mix of taxes.

The government will ensure that its tax reforms support its wider objectives of making the tax system fairer whilst protecting working people.

The Chancellor will set out tax and spending plans at the Budget on 30 October.

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