Closed petition Raise higher rate income tax (40%) threshold to £80,000
The Government should raise the threshold at which people pay the higher rate of income tax bracket (40%) from £50,271 to £80,000.
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Raising the higher tax bracket could encourage workers to work more hours or even take a 2nd job to cope with inflation and the higher cost of living, without thinking so much about paying 40% of their hard earned money over the threshold as tax.
This petition is closed All petitions run for 6 months