It's banded in the UK. Your first £11.5K of income is tax free, the balance up to £45K is taxed at 20%, anything over £45K and under £150K is taxed at 40% and a

It's banded in the UK. Your first £11.5K of income is tax free, the balance up to £45K is taxed at 20%, anything over £45K and under £150K is taxed at 40% and anything beyond £150K is taxed at 45%. In return you get free education up to (but not including) university age and universally free health care. There's also national insurance at 12% of earnings over £680/month (money from this tax is used to fund state pensions and unemployment benefits).