Women making progress in professions
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More women now at the higher tax threshold
The number of women who are higher-rate taxpayers has increased by almost a fifth in the past year to more than 1.2 million, according to a new study.
The 17% increase compared to 13% for men, said investment firm Radius Equity.
Its research showed that the proportion of female high earners has increased to 28% of the total, up from 21% a decade ago - with many on incomes well above the £41,865 threshold of the 40% tax rate for high earners.
Gary Robins, director at Radius, said: “It’s great to see the gap between men and women close as the economy recovers.
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“What’s important now is that the gap between the value of the assets owned by men and women closes as that will provide women with more influence.”
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