Income tax forecasts during the Conservative 2019–2024 government
Year ending March 2019 → Year ending March 2024 · 5 periods
↑ 43.9%+£84.5bn £ billion
Income tax forecasts rose by 43.9% over the period, from £192.5bn £ billion (Year ending March 2019, the level when the government took office) to £277bn (Year ending March 2024, the last complete period before it left office).
Inherited level Year ending March 2019: £192.5bn
Level when it left Year ending March 2024: £277bn
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
Income tax receipts in cash terms: the outturn as the OBR last knew it, with every official forecast for the same year.
Doesn’t measure: Income tax paid by any group, or the effect of any one policy.