TaxMay 16 2023

One in five taxpayers to pay higher rate tax by 2027

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One in five taxpayers to pay higher rate tax by 2027
(2020 Bloomberg Finance LP)

The number of people paying income tax at 40 per cent or above will reach 7.8mn by 2027 to 2028, according to research by the lnstitute for Fiscal Studies (IFS).

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