OBR · Year ending March 2021 to Year ending March 2025 · £ billion

Income tax forecasts

Income tax forecasts: Year ending March 2021 to Year ending March 2025ConservativeConservativeLabourLabour010020030020212022202320242025Year ending March 2021: £195.3bn £ billion · published 26 March 2026Year ending March 2022: £224.8bn £ billion · published 26 March 2026Year ending March 2023: £252bn £ billion · published 26 March 2026Year ending March 2024: £277bn £ billion · published 26 March 2026Year ending March 2025: £305.9bn £ billion · published 26 March 2026

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Source: OBR, Historical official forecasts database, Historical official forecasts database, March 2026 (published 26 March 2026). Data presentation: Civometry.

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