Can somebody confirm to me that the top rate tax threshold is increasing from something like 38K now to 43K in 2008/09? I'm beginning to think I imagined it, as I can't find any reference to it any where.
I'm kind of happy at the prospect, because I'm on the cusp of the 40% threshold, so now pay it, but I like it because it means I get 40% tax relief on my pension contributions. However, it is goes to 43K then I'm going to fall out of it (unless I get a 5K payrise - unlikely), so although paying less tax, I'll lose the 40% tax relief on my pension contributions.