Growing tax burden weighs heavily on higher earners as wealth tax fears mount
19 July 2026
Higher earners already face a disproportionately high tax burden, says Rathbones, amid fears that the new Prime Minister may introduce new taxes on wealth. Using current income tax rates, Rathbones calculates that someone earning the median full-time salary of £39,039 would pay around £5,294 in income tax each year. By comparison, an individual earning...
