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Evening Standard
Evening Standard
Business
Ian Jones

Nearly two million more higher-rate taxpayers since start of decade

Income Tax HMRC
Some 5.8 million paid the higher rate of income tax in 2023/24, according to HMRC figures (Alistair Laming/Alamy) -

Nearly two million people in the UK have moved into the higher-rate income tax band since the start of the decade, new figures show.

A total of 5.76 million individuals were paying the higher rate in the 2023/24 tax year, according to HM Revenue and Customs.

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