Income Tax: Tax Thresholds
Commons · Question 124965 · Tabled 10 Apr 2026 · Treasury · Official record
Answered 15 Apr 2026
Question
Asked by Matt Vickers
To ask the Chancellor of the Exchequer, what estimate she has made of the number of additional taxpayers who will pay an effective marginal rate of income tax of 60% because their income is between £100,000 to £125,140 due to the freezing of income tax th
Answer
Answered by Dan Tomlinson, 15 Apr 2026
The Government recognises that taxpayers earning between £100,000 and £125,140 face a higher marginal tax rate due to the tapering of the tax-free Personal Allowance, introduced in 2010-11. The number of people forecast to pay tax by marginal rate can be ...