7 ms·
Between 100k and 125k the tax free allowance tapers away, for an effective marginal tax rate of 60%.
by gpderetta 3y ago
Between 100k and 125k the tax free allowance tapers away, for an effective marginal tax rate of 60%.
- noneeeed 3y agoGood point, I’d forgotten about that weird bit of the band. I wish we would simplify the tax and NI system into one set of bands, but that’ll never happen.