Re:UK Treasury Is Spending £75k to Bring Back Each Older Worker
by simmerup on Wednesday March 15, 2023 @08:27PM
(#35176584)
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.
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.