The Highest Tax Burden In Modern UK History

Ajouté : 2026-05-25

[00:00:00]A British worker earning 110,000 pounds a year pays a higher marginal tax rate than a British worker earning 400,000 pounds a year. The [music] total British tax burden will reach 37.7% of GDP by 2027 to 2028, the highest level in British [music] post-war history. The personal income tax allowance has been frozen at 12,570 [music] pounds since 2021, and the freeze has now been extended all the way to April 2031.

[00:00:28][music] A single policy freezing the threshold while wages slowly rise will quietly raise 55.5 [music] billion pounds a year for the British Treasury by 2030, the largest single tax [music] increase in 60 years, and almost nobody in the country realizes it is happening. By 2030, [music] 24% of British taxpayers will be paying the higher 40% rate of income tax up [music] from just 15% in 2021.