Pensioners: Tax Rates and Bands
(asked on 4th October 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many and what proportion of pensioner households have at least one (a) higher rate and (b) additional rate taxpayer.
This question was answered on 10th October 2024
The number of individuals over the state pension age paying higher and additional rate Income Tax in 2021 to 2022 is estimated as 455,000 and 39,300 respectively.
These estimates account for the whole of the UK and are based on the 2021 to 2022 Survey of Personal Incomes, which is the latest outturn year available. HMRC does not hold household level data.