37.9% OF EARNERS STILL OUTSIDE OF TAX NET
This table shows the reduction in the number of earners from 43.9% to 37.9% who were outside the tax net but have now been caught by the reduced thresholds and credits. In addition 18.1% (up from 14.3%) are now subject to the higher rate.
| % of taxpayers in relevant tax bands | |||||
| No tax |
Standard rate | Higher rate | |||
| Pre Budget | 43.90% | 41.80% | 14.30% | ||
| Post Budget | 37.90% | 44% | 18.10% | ||
Tags: Budget 2011, taxation
