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Title
More teachers than ever are paying higher rate tax.
Abstract
The article provides information on the significant increase in the number of higher-rate taxpayers in the U.K., with one in five taxpayers and one in seven adults expected to pay income tax at 40 percent or above by 2027-28. This includes a notable rise in the proportion of teachers and nurses who will fall into the higher-rate tax bracket. The freeze on income tax thresholds, along with inflation, is contributing to this trend.