More higher rate taxpayers

 Extra 3m set for higher rate

Figures from the Institute for Fiscal Studies (IFS) suggest an extra 3m people could move into higher rates of income tax under current plans. It forecast workers paying the 40p higher rate of income tax and 45p additional rate will increase to 8m over the next decade. The IFS said politicians may come under pressure to increase thresholds in the coming years given how many people are expected to be drawn into higher rates of tax report harris & Co accountants Northampton