How higher tax brackets in the UK compare to other major nations

Over a million people paid the highest income tax rate in the 2024-25 tax year - (PA Archive)

Over a million people in the UK paid the highest income tax rate in the 2024-25 tax year, according to new research.

UHY Hacker Young reports that highest income tax rate payers reached 1.14 million and this marks a 24 per cent increase from the 923,000 recorded in the previous tax year.