questionText: To ask the Chancellor of the Exchequer, what estimate she has made of the the amount of increased taxation generated by the increase in the National Living Wage in 2025-26.
answerText: The latest forecasts for tax revenues were published alongside the Office for Budget Responsibility’s (OBR) October Economic and Fiscal Outlook. These forecasts are based on economic determinants, including wage growth and employment levels. Detailed tax ...
heading: Living Wage