INCOME TAX INCREASE
TO TOP WAGED WORKERS
- To help pay to resurrect public NHS, including reinstating all closed NHS accident and emergency units,
which has no private provision.
Raise income tax to wages from £80,271 a year, upwards.
Helps fund NHS and public services.
More Tax Bands for top waged, but adding personal tax allowance for them of £15,230, as to us all.
• 45 per cent income tax from
£80,271 to £124,270.
• 50 per cent income tax from
£124,271 to £200,270
- with Personal Allowance of £15,230.
- Remembering that now you do not get a Personal Allowance on taxable income over £125,140.
• 55 per cent income tax from
£200,271 upwards.
- Basic tax allowance would rise only £250 each year for 45p and new 50p and 55p tax band rates.
- 45p, 50 and 55p tax bands would get Personal Tax allowance (which do not get now), which would start from £15,230 same as us, to people including up
til age 49, and then extra on top of £3,000
higher age related tax allowance from age 50.