
How 3.3m more workers have been pulled into paying higher rate of tax in past five years
- Frozen thresholds are pushing millions into higher tax bands
- Higher-rate taxpayers are projected to reach 7.7 million
- Income tax receipts are forecast to rise by £121 billion
Millions more UK workers are paying higher rates of income tax because income tax thresholds have been frozen since 2021, according to newly published government figures. The article says this has pulled many people into higher bands through “fiscal drag”, where wages rise but tax thresholds do not,…



