Think tank warns of higher taxes for teachers, nurses, and Britons in the future.
TL;DR Summary
Millions more people, including teachers and nurses, will pay a higher rate of income tax, as a freeze on income tax thresholds from April means more people will pay a 40% rate, in what the Institute for Fiscal Studies described as the biggest tax raising drive since the late 1970s. The number of people paying the higher rate of income tax will reach 7.8 million, or a fifth of taxpayers, by 2027-28, including more than one in eight nurses, and one in four teachers.
- Teachers and nurses dragged into higher taxes, warns think tank BBC
- Britons, You'll Probably Be a 40% Taxpayer One Day Bloomberg
- Britons face biggest tax rise since 1979, think tank says Reuters UK
- The Tories promised to cut tax for high earners – but did the very opposite The Telegraph
- 2.5 Million More Brits to Be Taxed at 40% Income Tax Rate: Study Bloomberg
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