Written Question·Treasury·UIN 119055

Income Tax: Tax Rates and Bands

Tabled: 9 March 2026
Answered: 17 March 2026

Question

Charlie Dewhirst

ConservativeBridlington and The Wolds

To ask the Chancellor of the Exchequer, what assessment has been made of the implications of the Laffer Curve on net tax income receipts due to the 60% marginal rate of income tax on incomes between £100,000 and £125,140.

Answer

Dan Tomlinson
The Government recognises that taxpayers earning between £100,000 and £125,140 face a higher marginal tax rate due to the tapering of the tax-free Personal Allowance, introduced in 2010-11.