Those earning over £100,000 could face paying over £7,000 in extra income tax if the current freeze on tax thresholds - due to end in 2028 - is extended to 2030, according to a new report.
Thresholds affecting higher rate taxpayers have fallen significantly behind wage inflation and are costing people thousands of pounds, according to new stats.
Latest HMRC figures out today reveal that the total government tax 'take' jumped £8.9bn year on year in the latest five month period.