HMRC figures show 11% rise in young million-pound earners, with influencers and tech pay cited as key
Their generation is often derided for being work-shy, self-centred and overly sensitive. But when it comes to making money, people under 30 are proving they are something else entirely: successful.
A record 1,000 taxpayers under 30 earned more than £1m last year, an 11% increase on the year before, HMRC records show.
In total, these earners took home more than £3bn in the past year, making an average of £3m each.
Lubbock Fine, the accountancy firm which obtained the figures from HMRC, suggested that the surge could partly be driven by influencers’ income from marketing spend on social media platforms such as Instagram, TikTok and YouTube.
