More than a million pensioners are now paying top rates of income tax, new official figures reveal.
The number liable for 40 per cent higher rate tax has doubled to 977,000 over the past five years, while those paying the 45 per cent additional rate has trebled to 115,000 in the current tax year
The new breakdown by tax bracket also shows the number of pensioners paying 20 per cent basic rate tax has risen by a third to 8.48million over this period.
The new HMRC figures, obtained under a freedom of information request by former Pensions Minister Steve Webb, follow a freeze
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