Taxation

(asked on 17th October 2018) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what assessment they have made of the conclusion by the Institute for Fiscal Studies report, The IFS Green Budget, published on 16 October, that it would be necessary to raise tax revenues by 1 per cent of national income to "end austerity".


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 25th October 2018

The government has been clear that it is committed to a balanced approach, funding our public services, keeping tax as low as possible while getting debt down. The Chancellor will set out his approach in more detail at next Monday’s Budget.

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