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Amount UK's richest pay in income tax revealed - BBC News
(www.bbc.co.uk)
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this post was submitted on 09 Oct 2024
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UK Politics
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This really does seem like propaganda! Not much revealed here either. Says 60 people, earning at least 50m in 21/22, paid over 3bn in tax a year. It says at least 50m but if we take 50m x 60, that's 3bn. They are obviously not paying 100% tax and are therefore earning way way more than 50m a year on average between them. What would be "revealing" is saying exactly how much they earnt and how much tax they paid so we can see the %. I bet it's a significantly lower % than the UK average, which is why this story doesn't "reveal" it.
The amount they paid in CGT would be more revealing