Submitted by Jay-Ar Salumbides on Monday 11th January 2021
Published on Thursday 4th February 2021
Current status: Closed
Closed: Wednesday 4th August 2021
Signatures: 49
Apply higher rate tax band of 40% if income reaches £100,000 instead of £50,000
Consider increasing the amount at which income is taxed at 40% to be if it reaches £100,000, instead of only £50,000.
A lot of healthcare and critical workers especially in the NHS has been complaining that they do find the higher rate tax band discouraging to do more shifts to cover the pressing pandemic situation. They wanted to do more bank shifts to aid the staffing issue but this gives higher income, thus increasing the tendency for them to reach the higher rate bracket. Being taxed 40% from hard earned money is very discouraging. If the bracket would have been higher, staffing might not have been such a problem.
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