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Starting at 100k you lose your personal allowance which places you in an effective 60% tax rate. Most people start avoiding having a take home pay of over 100k
by simmerup 4y ago
Starting at 100k you lose your personal allowance which places you in an effective 60% tax rate.
Most people start avoiding having a take home pay of over 100k for this reason unless they’re in one of the few jobs where they earn far and above over 120~k.