New 45p tax band introduced for those earning in excess of £75,000 with top rate for salaries more than £125,140 up to 48p
  • RedditWanderer@lemmy.world
    6·
    11 months ago

    Shona Robison, Scotland’s finance secretary, said a new “advanced” 45p tax band would be introduced for all those earning above £75,000, and the top rate of income tax, for those earning above £125,140, would rise to 48p.

    They can’t even say rich or “high earners”, they have to say “higher earners”. That’s not the demographic that needed a new tax bracket

    • awwwyissss@lemm.ee
      3·
      11 months ago

      There’s a difference. You can be absolutely filthy rich while not earning anything.