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Evening Standard

World

Nicholas Cecil

750,000 in London and the South East dragged into higher tax rates for years

London Rishi Sunak south east Income Tax Inflation

About 750,000 people in London and the South East will pay the 40p rate (PA)
(Picture: PA Wire)

About 750,000 people in London and the South East are to be dragged into paying the higher rate of income tax, research reveals on Thursday.

They will find themselves paying the 40p rate after Rishi Sunak froze the threshold for paying this levy and as inflation is soaring.

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