HM Revenue & Customs statistics relating to the direct effects of illustrative tax changes.
This table is a ‘ready reckoner’ showing estimates of the effects of various illustrative tax changes on tax receipts in 2017 to 2018 through to 2019 to 2020. Estimates are measured from the relevant standard indexed base, meaning they show the impacts of the various illustrative changes on top of what is already assumed in the indexed baseline (generally revalorisation plus any announced pre-commitments).
Future publications: Outcome of user engagement exercise
The previous publication on 16 March 2016 included a user engagement exercise which ran until 13 April 2016 and asked the following question:
“What would be the impact to your work if these publications were released around one month after each fiscal event rather than on the day?”
Following the outcome of the user engagement exercise, we will be moving the publication date of this release to around 30 working days after each fiscal event.
This change in publication date is to allow the estimates published to include the policy measures announced at the fiscal event and, therefore, remain relevant for longer in the newly announced policy environment.
This change will take effect next year from Budget 2017. The publication planned for March will be replaced by an April/May 2017 publication that includes the impact of Autumn Statement 2016 and Budget 2017 measures.