In its economic and fiscal outlook report, the OBR said the freeze will bring 1.3 million people into the tax system and create one million higher-rate taxpayers by 2025-26. (PA Graphics) The OBR said that “in real terms” the personal allowance in 2025-26 will be ...
However the OBR did provide the new chancellor with an initial baseline economic and fiscal forecast when he took office earlier this month, and Stride’s committee is demanding the immediate publication of that document. In aletter to Kwarteng yesterday, Stride wrote: “As you know this forecast...