@tomtalksinvesting: The hidden tax rise - budget 2026 - that no one is talking about Minimum wage is rising by 50p from £12.71 to £13.21 per hour. That's £27,476 per year. However that means the 40% income tax rate is now only 1.8x minimum wage. Compare that to the year 2000 and the 40% income tax rate was 4.3x minimum wage. This means the 40% tax rate should really be over £118,000

Tom Talks Investing

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Thursday 29 October 2026 11:42:40 GMT