One in five workers will be higher-rate taxpayers by 2027 IFS
Briefly

One in four teachers and one in eight nurses will be higher-rate taxpayers by 2027 as a result of the government's record freeze on income tax allowances and thresholds, according to a leading thinktank.The Institute for Fiscal Studies said better-paid public sector workers will be among the almost 8 million people one in five of all taxpayers who will pay income tax at 40% or above as result of the Treasury's attempt to reduce the UK's budget deficit.
Read at www.theguardian.com
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