45p tax rate

Owing to MPs standard pay increasing to 84144 from April this year 2022-23 would have been the first year that senior government ministers would have to pay the 45p rate of tax. This top rate is paid by only half a million people about 1 of.

Starmer Says A Labour Government Would Bring Back 45p Tax Rate R Unitedkingdom

Some Conservative backbenchers are furious about the measure arguing that.

. Tory MPs are threatening to block the abolition of the 45p tax rate as Liz Truss faces a rebellion over the mini-Budget. Andy Burnham has said a future Labour government should reverse the 1p income tax cut and bring back the 45p rate in a challenge to party leader Sir Keir Starmer. Nothing signalled the governments new priorities more clearly than the surprise abolition of the 45p top rate of income tax.

F3h1v8t5jzua7m