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Written question asked by Matt Vickers (Conservative) on Friday, 10 April 2026, in the House of Commons. It was due for an answer on Tuesday, 14 April 2026. It was answered by Dan Tomlinson (Labour) on Wednesday, 15 April 2026 on behalf of the Treasury.


Income Tax: Tax Thresholds

Question

To ask the Chancellor of the Exchequer, what estimate she has made of the number of additional taxpayers who will pay an effective marginal rate of income tax of 60% because their income is between £100,000 to £125,140 due to the freezing of income tax thresholds before 2031.

Answer

The Government recognises that taxpayers earning between £100,000 and £125,140 face a higher marginal tax rate due to the tapering of the tax-free Personal Allowance, introduced in 2010-11.

The number of people forecast to pay tax by marginal rate can be found in the OBR’s March 2026 Economic and fiscal outlook – detailed forecast tables: receipts, linked below.

https://obr.uk/download/march-2026-economic-and-fiscal-outlook-detailed-forecast-tables-receipts/?tmstv=1772624887

The previous Government made the decision to maintain income tax thresholds at their current levels from April 2021 until April 2028 and this is reflected in the numbers.


Secondary information

Type
Written question
Reference
124965
Session
2024-26
Grouped for answer
Yes
Subjects
Income tax Tax thresholds
Contains statistics
Yes
Link
View this Written question on www.parliament.uk