Should the higher 40% tax band start at £50,000?
Currently, for most in England/Wales/Northern Ireland, you pay annual income tax like this (Scotland is a little different, see our income tax calculator for detailed info): - Up to £12,500 is your tax-free PERSONAL ALLOWANCE. - Above £12,500 and up to £50,000, the BASIC 20% tax is taken. - Above £50,000 and up to £150,000, the HIGHER 40% tax is taken. - Above £150,000, the TOP 45% tax is taken (and you've lost your personal allowance). While there's a huge number of variables, if you could only move the 40% rate (41% in Scotland) to be fair to individuals and provide revenue for the nation, which of these is closest to where you'd place it?
Currently, for most in England/Wales/Northern Ireland, you pay annual income tax like this (Scotland is a little different, see our income tax calculator for detailed info):
- Up to £12,500 is your tax-free PERSONAL ALLOWANCE.
- Above £12,500 and up to £50,000, the BASIC 20% tax is taken.
- Above £50,000 and up to £150,000, the HIGHER 40% tax is taken.
- Above £150,000, the TOP 45% tax is taken (and you've lost your personal allowance).
While there's a huge number of variables, if you could only move the 40% rate (41% in Scotland) to be fair to individuals and provide revenue for the nation, which of these is closest to where you'd place it?
Results
I'm female (earning under £50,000) (5747 votes)
|
|
|
| Lowered to £30,000 |
 |
54 votes (1%) |
| Lowered to £40,000 |
|
210 votes (4%) |
| Lowered to £45,000 |
|
216 votes (4%) |
| Keep it at £50,000 |
|
1497 votes (26%) |
| Increased to £55,000 |
|
367 votes (6%) |
| Increased to £60,000 |
|
1282 votes (22%) |
| Increased to £70,000 |
|
752 votes (13%) |
| Increased to £80,000 |
|
457 votes (8%) |
| Increased to £90,000 |
|
45 votes (1%) |
| Increased to £100,000 or more |
|
355 votes (6%) |
| Scrap 40% tax, charge everyone 20% |
|
512 votes (9%) |
I'm female (earning £50,000+) (1779 votes)
|
|
|
| Lowered to £30,000 |
|
10 votes (1%) |
| Lowered to £40,000 |
|
27 votes (2%) |
| Lowered to £45,000 |
|
37 votes (2%) |
| Keep it at £50,000 |
|
300 votes (17%) |
| Increased to £55,000 |
|
90 votes (5%) |
| Increased to £60,000 |
|
352 votes (20%) |
| Increased to £70,000 |
|
310 votes (17%) |
| Increased to £80,000 |
|
219 votes (12%) |
| Increased to £90,000 |
|
25 votes (1%) |
| Increased to £100,000 or more |
|
181 votes (10%) |
| Scrap 40% tax, charge everyone 20% |
|
228 votes (13%) |
I'm male (earning under £50,000) (4167 votes)
|
|
|
| Lowered to £30,000 |
|
91 votes (2%) |
| Lowered to £40,000 |
|
291 votes (7%) |
| Lowered to £45,000 |
|
269 votes (6%) |
| Keep it at £50,000 |
|
1316 votes (32%) |
| Increased to £55,000 |
|
237 votes (6%) |
| Increased to £60,000 |
|
790 votes (19%) |
| Increased to £70,000 |
|
326 votes (8%) |
| Increased to £80,000 |
|
247 votes (6%) |
| Increased to £90,000 |
|
14 votes (0%) |
| Increased to £100,000 or more |
|
171 votes (4%) |
| Scrap 40% tax, charge everyone 20% |
|
415 votes (10%) |
I'm male (earning £50,000+) (4201 votes)
|
|
|
| Lowered to £30,000 |
|
32 votes (1%) |
| Lowered to £40,000 |
|
105 votes (2%) |
| Lowered to £45,000 |
|
107 votes (3%) |
| Keep it at £50,000 |
|
700 votes (17%) |
| Increased to £55,000 |
|
179 votes (4%) |
| Increased to £60,000 |
|
796 votes (19%) |
| Increased to £70,000 |
|
583 votes (14%) |
| Increased to £80,000 |
|
611 votes (15%) |
| Increased to £90,000 |
|
39 votes (1%) |
| Increased to £100,000 or more |
|
381 votes (9%) |
| Scrap 40% tax, charge everyone 20% |
|
668 votes (16%) |
I'm non-binary (earning under £50,000) (81 votes)
|
|
|
| Lowered to £30,000 |
|
5 votes (6%) |
| Lowered to £40,000 |
|
3 votes (4%) |
| Lowered to £45,000 |
|
4 votes (5%) |
| Keep it at £50,000 |
|
22 votes (27%) |
| Increased to £55,000 |
|
3 votes (4%) |
| Increased to £60,000 |
|
14 votes (17%) |
| Increased to £70,000 |
|
9 votes (11%) |
| Increased to £80,000 |
|
7 votes (9%) |
| Increased to £90,000 |
|
0 votes (0%) |
| Increased to £100,000 or more |
|
1 votes (1%) |
| Scrap 40% tax, charge everyone 20% |
|
13 votes (16%) |
I'm non-binary (earning £50,000+) (186 votes)
|
|
|
| Lowered to £30,000 |
|
9 votes (5%) |
| Lowered to £40,000 |
|
10 votes (5%) |
| Lowered to £45,000 |
|
11 votes (6%) |
| Keep it at £50,000 |
|
36 votes (19%) |
| Increased to £55,000 |
|
8 votes (4%) |
| Increased to £60,000 |
|
31 votes (17%) |
| Increased to £70,000 |
|
14 votes (8%) |
| Increased to £80,000 |
|
11 votes (6%) |
| Increased to £90,000 |
|
1 votes (1%) |
| Increased to £100,000 or more |
|
9 votes (5%) |
| Scrap 40% tax, charge everyone 20% |
|
46 votes (25%) |
16,161 votes received.
We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.
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