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High earners pay the majority of the UK income tax

Despite recent media hype it appears that the rich are not avoiding tax on a massive scale.  According to the data recently published by HMRC, the wealthiest individuals in the UK will be paying more than 60% of the country’s income tax rate this year, despite representing only 14% of taxpayers.

 

 

Date: 8th March, 2013
Author: Cathy Corns

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