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People on higher salaries are disproportionately likely to be the ones doing it though - much much more likely to work for companies that implement the schemes
by physicsguy 5mo ago
People on higher salaries are disproportionately likely to be the ones doing it though - much much more likely to work for companies that implement the schemes for a start.
- mytailorisrich 5mo agoYes, "higher salaries" as in higher tax band (median salary is 39k, higher tax band starts at 50k), which impacts 16% of people. That's why it has an notable impact on sales and also on the used cars market (salary sacrifice schemes are usually PCP/leasing over 3-4 years). Perhaps it is the "London bubble" on HN as I feel that no-one is registering that 100k+ is a really, really small minority...
- KaiserPro 5mo agoaccording to the IFS 100k+ is top 10% earner in the UK. Which does feel a bit bubbly to me
- mytailorisrich 5mo agoYes, seems a bit generous. What I found most often is ~4-5% with up to 18% higher tax payers (>50k) in latest tax year (threshold being frozen...).
- alt227 5mo ago> What I found most often How did you find this?
- physicsguy 5mo agoI'm not based in London.