4 ms·
45% probably includes retirement contributions.
by EVa5I7bHFq9mnYK 3y ago
45% probably includes retirement contributions.
- skippyboxedhero 3y agoNo, it doesn't. 45% is the top marginal rate, no-one in the UK includes "retirement contributions" as part of taxation...it makes no sense.
- EVa5I7bHFq9mnYK 3y agoNo, it doesn't, but people love to show a big difference between gross and net and forget to mention retirement moneys.