In 2023/24, the value of income tax receipts in the United Kingdom is expected to be 277 billion British pounds, rising to 298 billion pounds in 2024/25, and 311 billion pounds in 2025/26.
Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29
(in billion GBP)
Characteristic
Income tax in billion GBP
2028/29
363.5
2027/28
346.2
2026/27
327.7
2025/26
311.9
2024/25
298
2023/24
277.2
050100150200250300350400
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Office for Budget Responsibility. (November 22, 2023). Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29 (in billion GBP) [Graph]. In Statista. Retrieved March 08, 2025, from https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/
Office for Budget Responsibility. "Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29 (in billion GBP)." Chart. November 22, 2023. Statista. Accessed March 08, 2025. https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/
Office for Budget Responsibility. (2023). Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29 (in billion GBP). Statista. Statista Inc.. Accessed: March 08, 2025. https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/
Office for Budget Responsibility. "Forecasted Income Tax Receipts in The United Kingdom from 2023/24 to 2028/29 (in Billion Gbp)." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/
Office for Budget Responsibility, Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29 (in billion GBP) Statista, https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/ (last visited March 08, 2025)
Forecasted income tax receipts in the United Kingdom from 2023/24 to 2028/29 (in billion GBP) [Graph], Office for Budget Responsibility, November 22, 2023. [Online]. Available: https://www.statista.com/statistics/375016/income-tax-receipts-forecast-united-kingdom-uk/
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