More than a million people will be "dragged into the higher rate of tax band by 2026"
BBC text:
[More than a million people will be "dragged into the higher rate of tax band by 2026". Wage inflation is among the factors that will see 1.2 million workers pushed above the 40p tax threshold - currently £50,070 - the paper reports. It notes that Boris Johnson pledged to raise that threshold to £80,000 before the pandemic.] https://ichef.bbci.co.uk/news/976/cp...c-dtele-nc.png |
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