Iqbal Mohamed

Iqbal Mohamed

Independent — Dewsbury and Batley

Speaking in the House of Commons on 1 December 2025

Debate

Office for Budget Responsibility Forecasts

Contribution

According to the latest House of Commons Library briefing and the economic forecasts, the freeze on the income tax threshold is projected to raise over £38 billion per year by 2029-30. For comparison, the Institute for Fiscal Studies estimates that by 2030 the freeze will raise approximately £8 billion annually, which is similar to adding 1p to the basic rate of income tax. Does the Minister agree with the Chancellor’s statement that she met Labour’s manifesto pledge not to raise income taxes, and does he agree that she misled the public and this House?

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