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Highest marginal in the UK is technically 47%, but for certain bands and life situations it can be as high as 80% (loss of certain benefits phased in at certain
by nly 3y ago
Highest marginal in the UK is technically 47%, but for certain bands and life situations it can be as high as 80% (loss of certain benefits phased in at certain income thresholds)
- infinityio 3y agoCan you provide an example of this for an employee of a company? I can't figure out a way of making that the case - even inside the "60%" (in relative terms) band - at £125k your actual tax burden is 36% (44% incl. employer contributions)