Aye.. It's a tough tax bracket.
To clarify, this is called the "£100k tax trap"
The quoted 69.5% is only on the income between £100 and £125k. This is due to simultaneous reduction of personal...
£100k isn't even that much anymore if you're raising a family with a wife that take care of the home. You'll be reduced to a mid salary earner but with a demanding and stressful job. .... Might as well just go on the dole and not work... I'm semi joking
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