Written question asked by Baroness Stedman-Scott (Conservative) on Thursday, 23 July 2026, in the House of Lords. It was due for an answer on Thursday, 6 August 2026. It was answered by Lord Pitt-Watson (Labour) on Wednesday, 5 August 2026 on behalf of the Treasury.
Income Tax: Tax Rates and Bands
- Question
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To ask His Majesty's Government whether they plan to increase the higher rate of income tax to 50 per cent; and, if so, what estimate they have made of the revenue implications of increasing that rate.
- Answer
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The Government remains committed to its manifesto which pledged to protect working people by not increasing rates of income tax.
HM Revenue and Customs regularly publishes estimates of the effects of illustrative tax changes on tax receipts. The most recent update from June 2025, is available at: https://www.gov.uk/government/statistics/direct-effects-of-illustrative-tax-changes
Secondary information
- Type
- Written question
- Reference
- HL2772
- Session
- 2026-27
- Attachment
- Direct effects of illustrative tax changes
- Subjects
- Income tax Tax rates and bands
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-08-05 16:34:09 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2772
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2772
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2772