Income Tax: Tax Rates and Bands

Treasury written question – answered on 26th January 2009.

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Photo of Evan Harris Evan Harris Shadow Science Minister

To ask the Chancellor of the Exchequer how much additional revenue he expects to raise from the proposed 45 per cent. income tax band over the next three financial years.

Photo of Stephen Timms Stephen Timms Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills)

The Exchequer effect for the next three tax years is shown in Table 1.2 of pre-Budget report, November 2008.

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