40% tax threshold

toonsy:
The threshold to start paying 40% tax on income has been lowered from £50,000 currently to £37,701 from April.

Only mentioning it because yesterday was the first time I was made aware of it so thought others might be I the same boat.

Potential to drag a lot of people into the higher tax bracket.

Fake news, lol.

Edit: Oh, it was on Facebook - it must be true, then.