Income Tax

Summary

To ask the Chancellor of the Exchequer, if she will make an estimate of the additional income generated per year by adding 1% to the (a) 40% and (b) 45% rate of income tax.

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Timeline

1. 15 October 2024

   Written question

   To ask the Chancellor of the Exchequer, if she will make an estimate of the additional income generated per year by adding 1% to the (a) 40% and (b) 45% rate of income tax.

   Source: Commons

2. 23 October 2024

   Answer

   The number of individuals with a tax liability, set out by tax band, can be found in Table 2.1 below:https://www.gov.uk/government/statistics/number-of-individual-income-taxpayers-by-marginal-rate-gender-and-ageHMRC does not publish estimates on the numbe...

   Source: Written answer

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• · Treasury · Answering body

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