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Evening Standard
Evening Standard
Politics
Anna Wise

Number of taxpayers dragged into paying higher rate soars 15%, figures show

HMRC Income Tax
(Alamy/PA) -

The number of higher-rate taxpayers topped five million for the first time, as a freeze on thresholds saw more earners dragged into the higher tax band, new figures from HM Revenue & Customs show.

In the 2022-23 tax year, there were 5.1 million people paying the higher rate – amounting to 680,000, or 15.3%, more than the previous year.

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