New Clause 1: Finance (No. 2) Bill
New Clause 1 - Review of impact of section 2
“(1) The Chancellor of the Exchequer must, within three months of this Act being passed, publish a review of the expected impact of section 2 of this Act.
(2) The review must include analysis setting out the number of  individual taxpayers facing a marginal tax rate in the tax year 2024-25 of—
(a) the basic rate of 20%, and
(b) the higher rate of 40%.
(3) For comparative purposes, the review must take account of—
(a) equivalent actual figures to those in subsection (2)(a) and (b) for the tax years 2021-22, 2022-23 and 2023-24, and
(b) equivalent projected figures to those in subsection (2)(a) and (b) for the tax years 2025-26, 2026-27 and 2027-28.”—(James Murray.)