The Government is understood to be discussing expanding the tax band, either through an increase to the 45 percent rate or lowering the £150,000 annual income threshold at which it kicks in, as part of an attempt to fill a £60billion hole in the public finances.

​The Government is understood to be discussing expanding the tax band, either through an increase to the 45 percent rate or lowering the £150,000 annual income threshold at which it kicks in, as part of an attempt to fill a £60billion hole in the public finances.