Income Tax: Tax Rates and Bands

Treasury written question – answered on 15th January 2019.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

The estimated number of taxpayers liable for tax at the higher rate are published in the HMRC National Statistics table 2.1, available here:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/710887/Table_2.1.pdf

These estimates are based on the Survey of Personal Incomes (SPI) outturn data up to 2015-16. The 2017-18 estimates are based upon the 2015-16 Survey of Personal Incomes using economic assumptions consistent with the OBR’s March 2018 economic and fiscal outlook.

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