#fiscal-drag
#fiscal-drag

[ follow ]

'Henrys' braced for harsher Budget as analysts warn effective tax rate could exceed 60%

High-earning professionals just over £100,000 face rising effective tax rates above 60% due to frozen thresholds, lost allowances, and reduced childcare and pension relief.

Canada news

fromBusiness Matters

4 months ago

420,000 more pensioners dragged into income tax net as threshold freeze bites

Pensioners are increasingly affected by frozen tax thresholds, with 420,000 more paying income tax this year.

UK politics

fromwww.theguardian.com

4 months ago

Number of higher-rate UK taxpayers expected to hit more than 7m this year

Higher rate taxpayers in the UK are expected to increase by 500,000 due to frozen income tax thresholds.

[ Load more ]

#fiscal-drag#fiscal-drag

'Henrys' braced for harsher Budget as analysts warn effective tax rate could exceed 60%

420,000 more pensioners dragged into income tax net as threshold freeze bites

Number of higher-rate UK taxpayers expected to hit more than 7m this year

#fiscal-drag
#fiscal-drag