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Following Chancellor Kwasi Kwarteng’s announcement last week that the government will abolish the 45p rate of tax, we would like to hear from people in the UK who pay the top bracket of tax.

The top income tax rate will be 40p from April 2023. Around 660,000 of the highest earners will benefit from the abolition of the 45p rate, saving an average of £10,000 a year.

If you win over £150,000, what do you think of the Chancellor’s decision? How did you feel when you heard the announcement on Friday? Do you know what you will do with the untaxed income?

Share your views

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