2 ms·
Between 100k and 125k you lose £1 of your tax allowance for each £2 you earn. Which greatly increases your tax in that window.
by AndrewDucker 4y ago
Between 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.