Half million more join top tax band

According to information from the Inland Revenue’s Statistics Book 2000, 2.72 million people would pay income tax in the top tax band this year, compared with 2.08 million in 1996/97.

A spokesman for Inland Revenue told that high earnings and increased employment levels had contributed to this rise. This echoed the words of chancellor Gordon Brown who said the Treasury welcomed the fact that there were more people earning and more people in employment.


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