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Taxation

Asked by Neil Duncan-JordanLabourTreasuryTabled Answered 23 October 2024UIN 9382

The question

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

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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