Number of income taxpayers likely to fall in 2017-18 as low earners leave system

Posted by on 6 June, 2017
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This item was filled under Tax

HMRC has published data on the income tax liabilities of the UK for 2014-15, along with projections for 2017-18.

Key points include:


  • there were 30.7 million taxpayers in 2014-15. This is expected to decrease by 400,000 in 2017-18;


  • the top 50% of earners had 75.3% of total income in 2014-15 and were liable for 90.3% total tax;


  • …
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