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Financial Services: Tax Yields

Question for Treasury

UIN HL14123, tabled on 27 February 2019

To ask Her Majesty's Government what assessment they have made of the possible reduction in tax receipts from  the UK financial services industry as a result of the actions being taken by financial services businesses to enable their businesses to operate after Brexit.

Answered on

12 March 2019

The Government has published a detailed set of economic analysis on the long-term impacts of EU exit on the UK economy, its sectors, nations and regions and the public finances.

The Chancellor will also be providing the independent OBR’s updated fiscal and economic forecasts at the Spring Statement on 13th March.

Answered by

Treasury