Worth repeating. Take all the tax changes coming in over next few years and:
If your income is < £155k, you lose
If your income is > £155k you win
If your income > £1m you gain more than £40,000
Despite today's tax cuts middle earners are still set to lose as a result of tax changes over next years. The freezing of allowances and thresholds is still a big tax increase.
Only those on over £155,000 will pay less tax overall. The very rich will pay tens of thousands less