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Five years ago – that is to say in the 2020-21 tax year – there were around 4.4 million people paying the higher rate of income tax. Around 433,000 of these also paid the additional rate.

Five years ago – that is to say in the 2020-21 tax year – there were around 4.4 million people paying the higher rate of income tax. Around 433,000 of these also paid the additional rate.

During a speech, Reform UK leader Nigel Farage said the proportion of people who pay the higher rate of income tax has increased more than five-fold in half a decade. Mr Farage said: “From the ...

For people who earn between £50,271 and £125,140, they pay 40% in income tax on that amount. This is called the “higher rate”. Then finally any income above £125,140 is taxed at 45%.

Five years ago – that is to say in the 2020-21 tax year – there were around 4.4 million people paying the higher rate of income tax. Around 433,000 of these also paid the additional rate. The last ...