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BBCNEWS BBC News at Six June 4, 2024 18:17:00

Between 2005 and 2020 the number of uk taxpayers has remained remarkably constant around 31 million, within that the number paying the 40p higher rate is around four million. since then, with the thresholds frozen, there are now 34m taxpayers, and it s heading for 35m by 2026, and 36m if extended out on thursday. meanwhile the number of higher rate taxpayers could go from 4 million in 2020 to over double that to 8.5 million so lots more tax revenue from a wider tax net of taxpayers. so tough decisions on spending and tax, some pushed into the future past 2025. an acknowledgement of the balancing act of making the numbers add up and not worsening the immediate recession. thank you. ....

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