High Tax Payers Are Taking Advantage Of Discount Vouchers To Make Up For Lost Earnings
Released on: April 01, 2011, 7:07 am
Author:
Simon Terry
Industry:
Retail
High levels of inflation, falling interest rates and tax and
benefits changes are causing more and more big earners to seek
discounts from money saving websites
01 April 2011 – DiscountVouchers.co.uk, the top site for discounts in the UK
recently reported that big money earners are saving cash by using discount vouchers.
The site said that visitors were at an all time high last month with over two
million shoppers logging on. Around 61% of these came from high income groups.
The data was released came just as the BBC* revealed that results of its latest
research shows that 1.6 per cent of UK households are suffering a loss of income
after tax deductions compared with earnings in 2008. The loss amounts to as much as£365 each year. Higher earners are being hit even harder because of lower interest,
tax hikes and a loss of benefits, making them worse off by about 3.8% (£2230).
Simon Terry, director of DiscountVouchers.co.uk, says: “Money saving vouchers have always
been popular with low earners but now the savvy rich earners are using them to make
savings elsewhere to compensate for recent Government tax increased, rising prices
and lower interest rates.”
“A huge array of retailers, from supermarkets to restaurants and travel companies
are offering discounts and at a time when shoppers are losing a large portion of
income right across the earning brackets, it couldn’t come at a better time.”
Massive savings from 10% to 50% and up are being offered by huge names like Marks & Spencer, House of
Fraser, Tesco, Lastminute.com, Boden and Pizza Express.
DiscountVouchers.co.uk is Britain’s favourite when it comes to money saving websites, offering
customers in excess of 4,000 live deals from over 800 different names each day.
Check out www.discountvouchers.co.uk for big money-saving deals.
/ends.
* http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/
About DiscountVouchers.co.uk
DiscountVouchers.co.uk features the latest money saving offers from a growing range
of retailers, all updated in real time. Designed to help consumers save money with
both leading high street brands and specialist retailers, DiscountVouchers.co.uk
offers one of the widest choices of discounts available.
Part of ASAP Ventures Ltd, the company behind the award winning Carrentals.co.uk
price comparison site, DiscountVouchers.co.uk is committed to offering a growing
range of the best savings available online.
For more information visit www.discountvouchers.co.uk
Media contact –
Rachel Builder & Jenny White
Context
discountvouchers@contextpr.co.uk
T: 01625 511966
Contact Details: Simon Terry
press@discountvouchers.co.uk
DiscountVouchers.co.uk (Asap Ventures)
www.discountvouchers.co.uk
0845 871 2069
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