Income Tax
The question
To ask the Chancellor of the Exchequer, what change in the number of people paying income tax at 40% does she estimate will take place between 2023 and 2028.
Answered by Dan Tomlinson
The number of people forecast to pay tax by marginal rate from 2023-24 to 2028-29 can be found in Table 3.19 in the OBR’s November 2025 Economic and fiscal outlook – detailed forecast tables: receipts, linked below:
The previous Government made the decision to maintain income tax thresholds at their current levels from April 2021 until April 2028.
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