3 ms·
What 60% trap is that? The linked page looks very suspicious and doesn't offer much information.
by BerislavLopac 4y ago
What 60% trap is that? The linked page looks very suspicious and doesn't offer much information.
- AndrewDucker 4y agoBetween 100k and 125k you lose £1 of your tax allowance for each £2 you earn. Which greatly increases your tax in that window.
- BerislavLopac 4y agoIt does, but not greatly: for a £110k salary the effective taxes (including NIC) are around 35%. It is not a good idea to get your tax information from an investment corporation advertisement.