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Richest taxpayers are male and live in London

Richest taxpayers are male and live in London

The wealthiest taxpayers are predominantly male and middle aged, with those living in London earning income of over £700,00 a year, which places them in the top 300,000 earners in the UK, according to analysis by the Institute of Fiscal Studies.

  • Shared by Accountancy Daily
  • August 06, 2019
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To be counted in the top 1% of earners, UK-wide taxpayers had to take home in excess of £150,000 and there were only 310,000 of those people across the country as a whole in 2014-15, the period analysed by the Institute of Fiscal Studies (IFS) report.

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