topsalary on Birmingham Dailyhttps://birminghamdaily.co.uk/tags/topsalary/Recent content in topsalary on Birmingham DailyHugo -- gohugo.ioen-usMon, 13 Jul 2026 05:29:06 +0000Andy Burnham Considers 50% Income Tax for Earners Over £125,140https://birminghamdaily.co.uk/andy-burnham-considers-50-income-tax-for-earners-over-125140/Mon, 13 Jul 2026 05:29:06 +0000https://birminghamdaily.co.uk/andy-burnham-considers-50-income-tax-for-earners-over-125140/Andy Burnham, the Labour Party frontrunner for Prime Minister, has reignited discussions about increasing the top income tax rate to 50% for those earning above £125,140. This proposal revives a controversial debate about higher taxation on top earners in the UK. The current “Additional rate” of income tax, set at 45%, applies to taxable income exceeding £125,140 in England, Wales, and Northern Ireland. Burnham recently mentioned in an interview with The Telegraph that there is a “definite case” for raising this rate.