Record numbers to be dragged into £100,000 ‘tax trap’
13 January 2026
A record two million workers are set to earn six figures in the new financial year, dragging more people into the £100,000 ‘tax trap’, new figures from Rathbones have revealed. Figures from a Freedom of Information request show HM Revenue & Customs estimates that 2.06 million taxpayers, around 6% of the UK’s workforce, will...