PARLIAMENTARY WRITTEN QUESTION
Income Tax: Tax Rates and Bands (19 December 2022)
Question Asked
Asked by:
James Murray (Labour)
Answer
There was no cost incurred by the decision not to cut the basic rate of income tax. HMRC did not implement the basic rate changes in their systems before the Autumn Statement 2022 so there was no cost involved with maintaining the basic rate at 20 per cent.
Answered by:
Victoria Atkins (Conservative)
9 January 2023
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