18/07/2026
Has your pay rise pushed you into a higher tax band?
You might be earning more... but are you actually taking home as much as you expected?
With income tax thresholds frozen, more people are becoming higher-rate taxpayers without even realising the wider impact. It could affect everything from your pension tax relief to your savings allowance and even your Child Benefit.
Our latest blog explores:
✔ Why more people are paying higher-rate tax
✔ The tax allowances you could be missing
✔ Simple planning opportunities that may help reduce your tax burden
A few small changes today could make a real difference to your finances.
Read the full blog on our website: https://millbankfs.co.uk/2026/07/07/freeze-the-higher-rate-tax-burden/