300 commitments tracked

- New fiscal rules were set in the October 2024 Budget, aiming for a current budget balance by 2029/30 (Current evidence, undated). - OBR forecasts indicate these rules are met with a 54% probability, with a slim 0.3% GDP headroom (Current evidence, undated). - No further published evidence specific to the delivery of economic stability or the full funding of every policy has been identified since October 2024.

- Full Fact, updated 6 March 2026, states the UK’s main corporation tax rate is currently 25% (Has the government kept the UK’s corporation tax capped at 25%?, Full Fact, 6 March 2026). - The government published a ‘Corporate Tax Roadmap’ alongside the Autumn Budget 2024, confirming its commitment to cap the headline rate of Corporation Tax at 25% for this Parliament (Has the government kept the UK’s corporation tax capped at 25%?, Full Fact, 6 March 2026). - The Finance Act 2025 included a provision for the main rate of corporation tax to remain at 25% for the financial year 2026 (Has the government kept the UK’s corporation tax capped at 25%?, Full Fact, 6 March 2026). - The 2025 Budget and subsequent resolutions confirmed corporation tax would remain at 25% in 2026/27 (Has the government kept the UK’s corporation tax capped at 25%?, Full Fact, 6 March 2026).

- HM Treasury states the government is creating a fairer business rates system over this Parliament to protect the high street and support investment (Business Rates Forward Look, HM Treasury, undated). - The government intends to introduce two lower multipliers for Retail, Hospitality and Leisure (RHL) properties with rateable values below £500,000, commencing from April 2026 (Business Rates Forward Look, HM Treasury, undated). - A higher multiplier is intended for all properties with rateable values of £500,000 and above, including large distribution warehouses used by online giants, also commencing from April 2026 (Business Rates Forward Look, HM Treasury, undated). - The Non-Domestic Rating (Multipliers and Private Schools) Act 2025, which legislates for these new multipliers, received Royal Assent on 3 April (Business Rates Forward Look, HM Treasury, undated). - The new multiplier structure from 2026-27 will consist of five multipliers, replacing the previous two (Business Rates Forward Look, HM Treasury, undated).

- HM Treasury and the National Infrastructure and Service Transformation Authority published "UK Infrastructure: A 10 Year Strategy" on 19 June 2025 (Policy paper, UK Infrastructure: A 10 Year Strategy, HM Treasury and National Infrastructure and Service Transformation Authority, 19 June 2025).

- The National Infrastructure and Service Transformation Authority (NISTA) has an official organisation page on gov.uk, detailing its purpose and publications (National Infrastructure and Service Transformation Authority, Cabinet Office and HM Treasury, various dates up to March 2026). - NISTA published its "UK Infrastructure Pipeline" guidance on 17 July 2025 (Guidance, UK Infrastructure Pipeline, National Infrastructure and Service Transformation Authority, 17 July 2025). - NISTA announced the appointment of Julia Prescot CBE as Chair of its Council on 4 February 2026 (Press release, Julia Prescot CBE appointed Chair of NISTA Council, National Infrastructure and Service Transformation Authority, 4 February 2026).

- The Energy Profits Levy (EPL) rate was increased by 3 percentage points to 38% from 1 November 2024 (Energy Profits Levy Reforms 2024, HM Revenue & Customs, 2024-11-01). - The total headline rate of tax on upstream oil and gas activities increased to 78% (Current evidence, 2026-04-09). - The end date of the Energy Profits Levy was extended to 31 March 2030 (Energy Profits Levy Reforms 2024, HM Revenue & Customs, 2024-11-01). - The Energy Profits Levy’s Investment Allowance was removed from 1 November 2024 (Energy Profits Levy Reforms 2024, HM Revenue & Customs, 2024-11-01).

- Primary legislation for the Carbon Border Adjustment Mechanism (CBAM) was introduced in the Finance Act 2026 (Carbon Border Adjustment Mechanism (CBAM) Policy Summary, HM Revenue & Customs, 2026-04-09). - The UK CBAM is scheduled to commence on 1 January 2027 (Current evidence, 2026-04-09). - Draft secondary legislation for CBAM was published in two stages, on 10 February 2026 and 9 April 2026, for technical consultation (Carbon Border Adjustment Mechanism (CBAM) Policy Summary, HM Revenue & Customs, 2026-04-09). - The government will review consultation responses and lay the final secondary legislation later in the year (Carbon Border Adjustment Mechanism (CBAM) Policy Summary, HM Revenue & Customs, 2026-04-09). - The CBAM covers aluminium, cement, fertilisers, hydrogen, iron and steel (Current evidence, 2026-04-09; Carbon Border Adjustment Mechanism (CBAM) Policy Summary, HM Revenue & Customs, 2026-04-09).

- The 2024 Budget increased employer National Insurance contributions (NICs) (Current evidence, 2026-04-09; Has the government kept its pledge on National Insurance?, FullFact, 2026-02-10). - The employer NICs rate was raised from 13.8% to 15%, and the threshold was lowered from £9,100 to £5,000 (Current evidence, 2026-04-09). - The 2025 Budget extended the freeze on tax thresholds, which will result in working people paying more NICs (Has the government kept its pledge on National Insurance?, FullFact, 2026-02-10). - The government stated in November 2025 that the manifesto commitment applied only to employee rates of National Insurance, but the manifesto text did not specify this distinction (Current evidence, 2026-04-09; Has the government kept its pledge on National Insurance?, FullFact, 2026-02-10).

- FullFact reported on 26 February 2026 that a new residence-based tax system replaced the domicile-based system on 6 April 2025 (Is the government on track to abolish ‘non-dom’ tax status?, FullFact, 26 February 2026). - FullFact stated on 26 February 2026 that the non-dom tax status was abolished on 6 April 2025 when new rules set out in the Finance Act 2025 came into effect, with the legislation receiving Royal Assent on 20 March 2025 (Is the government on track to abolish ‘non-dom’ tax status?, FullFact, 26 February 2026). - FullFact noted on 26 February 2026 that the new rules introduced a residence-based tax regime, meaning longer-term UK residents are taxed on worldwide income and gains as they arise (Is the government on track to abolish ‘non-dom’ tax status?, FullFact, 26 February 2026).

- No published evidence specific to this commitment has been identified from the provided sources.

- TaxWatch UK reported on 13 January (year not specified) that Parliament’s Treasury Select Committee questioned HMRC about efforts to tackle tax avoidance, evasion, and tax debt, referencing TaxWatch research (MPs ask tough questions about closing the tax gap, TaxWatch UK, 13 January). - No further published evidence specific to the closure of the carried interest private equity tax loophole has been identified from the provided sources.

- HM Revenue & Customs published the HMRC Transformation Roadmap in 2025, outlining plans to use government investment to transform the tax and customs system, reduce costs, and improve performance (HMRC Transformation Roadmap, HM Revenue & Customs, 2025). - The Exchequer Secretary to the Treasury, James Murray MP, stated in the Foreword that the vision for HMRC includes a modern tax system, improving day-to-day performance, closing the tax gap, and driving reform and modernisation (HMRC Transformation Roadmap, HM Revenue & Customs, 2025). - The Roadmap details plans for a more automated, self-service tax administration system, focused on getting things right first time, closing the tax gap through system-wide changes, and using technology (HMRC Transformation Roadmap, HM Revenue & Customs, 2025).

- No published evidence specific to this commitment has been identified from the provided sources.

- No published evidence specific to this commitment has been identified from the provided sources.

- UK GDP grew 0.9% in 2024, which was below G7 leaders (Current evidence, 2024). - The OBR forecasts 1% growth in 2025, revised down from 2% (Current evidence, 2025). - The IMF projects UK growth to be below that of the US and Canada (Current evidence). - No specific published evidence from the provided search results contradicts these figures or indicates the target has been met.

- Real household disposable income per person fell by 0.2% in Q3 2024 (Current evidence, Q3 2024). - Regional inequality in living standards persists across the country (Current evidence). - ONS data indicates that living standards have not yet risen consistently across all regions (Current evidence). - No specific published evidence from the provided search results contradicts these findings or indicates the target has been met.

- The Energy Profits Levy (windfall tax) was extended to March 2030 (Current evidence, Autumn Budget 2024). - The rate of the Energy Profits Levy was increased from 35% to 38% in the Autumn Budget 2024 (Current evidence, Autumn Budget 2024). - Investment allowances related to the levy were reduced (Current evidence, Autumn Budget 2024). - No specific published evidence from the provided search results contradicts these statements.

- The Autumn Budget 2024 announced that carried interest would be taxed as income from April 2026, with the rate increased from 28% capital gains to income tax rates and expected to raise £560m/year (Autumn Budget 2024, HM Treasury, Autumn 2024). - No further published evidence has been identified since 2024. - A search on gov.uk for 'Close carried interest tax loophole for private equity fund' returns 7,125 results, indicating relevant content exists (GOV.UK Search, HM Government, 2026-04-09).

- The National Wealth Fund was launched in October 2024 with £7.3bn capitalisation (HM Treasury Announcement, HM Treasury, October 2024). - The fund invests in green hydrogen, carbon capture, ports, and gigafactories, and its first investments have been announced (HM Treasury Announcement, HM Treasury, October 2024). - No further published evidence has been identified since 2024. - A search on gov.uk for 'Create a National Wealth Fund to invest in green industries' returns 9,809 results, indicating relevant content exists (GOV.UK Search, HM Government, 2026-04-09).

- The Energy Profits Levy was increased to 38% and extended until March 2030 in the Autumn Budget 2024 (Internal Briefing, HM Treasury, Autumn Budget 2024). - The investment allowance was reduced from 29% to 16%, while a decarbonisation allowance was retained (Internal Briefing, HM Treasury, Autumn Budget 2024). - No further published evidence specific to the full closure of investment allowances has been identified from the provided gov.uk search results.

- The National Infrastructure and Service Transformation Authority (NISTA) has been established, combining the National Infrastructure Commission and the Infrastructure and Projects Authority, to oversee major project delivery and infrastructure strategy (Internal Briefing, HM Treasury, pre-2026-04-09).

- Current evidence indicates that a 10-year infrastructure strategy is being developed through NISTA. - Current evidence indicates that the Spending Review 2025 is expected to set multi-year capital budgets. - Current evidence indicates that an infrastructure pipeline publication is planned. - The National Infrastructure Strategy, published on 25 November 2020 by HM Treasury, sets out plans to transform UK infrastructure (National Infrastructure Strategy, HM Treasury, 25 November 2020). - This 2020 strategy was published under the 2019 to 2022 Johnson Conservative government (National Infrastructure Strategy, HM Treasury, 25 November 2020).

- Current evidence indicates that business rates reform was announced in the Autumn Budget 2024. - Current evidence indicates that this reform includes a permanent lower multiplier for retail, hospitality, and leisure sectors. - Current evidence indicates that a discussion paper on the transformation of the business rates system has been published. - No further specific published evidence has been identified.