Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Guardian community team

Top UK earners: share your views on scrapping the 45p income tax rate

Britain's Chancellor of the Exchequer Kwasi Kwarteng announced the scrapping of the 45p tax rate
Britain's Chancellor of the Exchequer Kwasi Kwarteng announced the scrapping of the 45p tax rate Photograph: Jessica Taylor/UK PARLIAMENT/AFP/Getty Images

Following chancellor Kwasi Kwarteng’s announcement last week that the government will abolish the 45p tax rate, we would like to hear from people in the UK who pay the top band of tax.

The highest income tax rate will be 40p from April 2023. About 660,000 of the highest earners will benefit from the scrapping of the 45p rate, saving an average of £10,000 a year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.