Rishi Sunak ‘responsible for biggest income tax rise in at least 50 years’

Resolution Foundation analysis claims stealth move of freezing tax thresholds will raise £40bn a year

Rishi Sunak’s government is responsible for the biggest income tax rise for decades in a stealth move that will raise £40bn a year, according to new analysis.

Taxpayers in the higher bracket will be handing over £3,700 a year more in tax as a result of a six-year freeze to income tax thresholds by 2027-28, the Resolution Foundation calculated.