High net worth 'did not ask for tax cuts' survey finds

The wealth manager's latest wealth index questioned 1,000 UK residents with more than £250,000 in investable assets about their views on the economy. Almost three quarters (73%) said they think they pay ‘the right amount' in tax, ahead of 23% who feel they pay too much. The other 4% of respondents told Saltus they felt they should be taxed more. In its Mini Budget last Friday (23 September) the government confirmed that the 45% top rate of income tax will be scrapped for high earners. A 40% rate will instead be introduced in a bid to simplify the tax system and make the UK more compet...