
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Rachel Reeves
Chancellor
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Apply an income tax rate of 99% to MPs' additional incomes
Raise the standard tax-free Personal Allowance to £45,000
Abolish inheritance tax
Raise the income tax personal allowance from £12,570 to £20,000
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Apply an income tax rate of 99% to MPs' additional incomes
Raise the standard tax-free Personal Allowance to £45,000
Abolish inheritance tax
Raise the income tax personal allowance from £12,570 to £20,000