One in five will be paying highest income tax rate by 2027
Briefly

Rishi Sunak faces backlash over stealth tax hikes which will drag one in five taxpayers into the 40p rate of income tax within years, experts have warned.The prime minister's decision to freeze income tax thresholds means one in four teachers and more than one in eight nurses will be paying the highest income tax rate by 2027, analysis by the influential Institute for Fiscal Studies (IFS) think tank shows.
Read at www.independent.co.uk
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