Top UK earners: share your views on scrapping the 45p income tax rate

Following chancellor Kwasi Kwarteng’s announcement last week that the government will abolish the 45p tax rate, we would like to hear from people in the UK who pay the top band of tax.

The highest income tax rate will be 40p from April 2023. About 660,000 of the highest earners will benefit from the scrapping of the 45p rate, saving an average of £10,000 a year.

If you earn more than £150,000, what are your views on the chancellor’s decision? How did you feel when you heard the announcement on Friday? Do you know what you’ll do with the untaxed income?

Share your views

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