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Frozen thresholds drive millions into higher tax bands | Additional rate taxpayers rocket 57%

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HM Revenue & Customs has released Personal Incomes Statistics for the financial year 2023 to 2024:   David Little, Partner in financial planning at wealth management firm Evelyn Partners, notes that:   • The number of additional rate taxpayers increased by 324,000  (56.8%) between the tax years 2022 to 2023…

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