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Tax Yields

Asked by John GlenConservativeTreasuryTabled Answered 22 November 2024UIN 14296

The question

To ask the Chancellor of the Exchequer, what recent estimate she has made of the total revenue from (a) central government and (b) local government taxation in each year from 2023-24 for which projections are available.

Answered by Darren Jones

The Treasury does not publish forecasts of the economy or public finances; the Office for Budget Responsibility (OBR) is the UK’s official forecaster and provides independent analysis of the UK’s public finances.

The forecast breakdown of current receipts for central government and local government can be found in the OBR’s October 2024 Economic and Fiscal Outlook detailed forecast tables (aggregates) – Table 6.2.

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