Rishi Sunak’s ‘stealth tax’ creates 2 million new higher rate payers in just 3 years

PA Wire

Nearly 2 million more people are paying higher-rate income tax because Rishi Sunak has scrapped normal increases in allowances, new figures reveal.

The numbers paying the higher 40 per cent rate or the additional 45 per cent rate has soared since Boris Johnson came to power in 2019 because of the “stealth tax”, the figures show.