Projected income tax revenue under baseline scenario
The metrics below move with Income Tax Revenue — Baseline Projection across UK places. A positive correlation means the two tend to rise together; a negative one means as this rises, the other tends to fall.
| # | Metric | Strength | r | n |
|---|---|---|---|---|
| 1 | NICs Revenue — Baseline Projectionprojection | very_strong | 1.00 | 514 |
| 2 | NICs Revenue — Low Fertility Projectionprojection | very_strong | 1.00 | 514 |
| 3 | Income Tax Revenue — Low Fertility Projectionprojection | very_strong | 1.00 | 514 |
| 4 | Income Tax Revenue — Extended Working Projectionprojection | very_strong | 1.00 | 514 |
| 5 | NICs Revenue — Extended Working Projection |
| # | Metric | Strength | r | n |
|---|---|---|---|---|
| 1 | Net Fiscal Balance — Baseline Projectionprojection | strong | -0.77 | 514 |
| 2 | Net Fiscal Balance — High Migration Projectionprojection | strong | -0.77 | 514 |
| 3 | Net Fiscal Balance — Low Fertility Projectionprojection | strong | -0.76 | 514 |
| 4 | Net Fiscal After Interest — High Migration Projection |
Data: precomputed cross-metric correlations (latest period).
| very_strong |
| 1.00 |
| 514 |
| 6 | Total Revenue — Baseline Projectionprojection | very_strong | 1.00 | 514 |
| 7 | Total Revenue — Low Fertility Projectionprojection | very_strong | 1.00 | 514 |
| 8 | Total Revenue — Extended Working Projectionprojection | very_strong | 1.00 | 514 |
| 9 | Total Revenue — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 10 | Population Upper Bound — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 11 | Total Expenditure — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 12 | Total Population — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 13 | Income Tax Revenue — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 14 | NICs Revenue — High Migration Projectionprojection | very_strong | 0.97 | 514 |
| 15 | Working-Age Population (16-64) — Baseline Projectionprojection | very_strong | 0.96 | 514 |
| strong |
| -0.76 |
| 514 |
| 5 | Net Fiscal After Interest — Baseline Projectionprojection | strong | -0.76 | 514 |
| 6 | Net Fiscal After Interest — Low Fertility Projectionprojection | strong | -0.76 | 514 |
| 7 | Cumulative Deficit — High Migration Projectionprojection | strong | -0.74 | 514 |
| 8 | Net Fiscal Balance — Extended Working Projectionprojection | strong | -0.74 | 514 |
| 9 | Cumulative Balance (incl. Interest) — High Migration Projectionprojection | strong | -0.74 | 514 |
| 10 | Cumulative Deficit — Baseline Projectionprojection | strong | -0.73 | 514 |
| 11 | Cumulative Balance (incl. Interest) — Baseline Projectionprojection | strong | -0.73 | 514 |
| 12 | Cumulative Deficit — Low Fertility Projectionprojection | strong | -0.73 | 514 |
| 13 | Net Fiscal After Interest — Extended Working Projectionprojection | strong | -0.73 | 514 |
| 14 | Cumulative Balance (incl. Interest) — Low Fertility Projectionprojection | strong | -0.73 | 514 |
| 15 | UK-Born Net Fiscal — Baseline Projectionprojection | strong | -0.71 | 514 |