Big earners are off-setting income losses with Discount Vouchers

April 2, 2011 – DiscountVouchers.co.uk, the UK's top discount website has revealed that higher earners can save cash by taking advantage of discount vouchers. The site said that reported that traffic was at a record high and of its two million-plus visitors last month, 61% were high earners.

The data came just as the BBC* released a survey which revealed a 1.6 per cent loss in income for UK households after tax deductions, when compared with 2008. The loss adds up to around £365 each year. However, higher earners have been hit the hardest as higher taxes, lower interest on financial assets and lost benefits cause losses of about around 3.8% (£2230).

Simon Terry, director of DiscountVouchers.co.uk, says: "Money saving vouchers have been popular for a long time with shoppers in low earning groups but recent changes to Government tax, ever-increasing prices and low interest rates, are causing savvy rich shoppers to look to discount vouchers to make savings elsewhere."

"Across the social spectrum, a large portion of household income is being lost and discount websites are helping shoppers to make big savings to their monthly expenditure. Retailers from supermarkets, restaurants and travel companies are offering discounts and more than ever it makes sense to take advantage."

Famous names such as Marks & Spencer, Tesco, House of Fraser, Lastminute.com, Boden and Pizza Express, are offering huge savings of between 10% and 50% off.

DiscountVouchers.co.uk is the best of the UK's money saving websites, offering more than 4,000 live deals from over 800 different names each day.

Visit www.discountvouchers.co.uk for the latest deals.

* 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
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