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Totally agree. But now it's here, any government reinstating the tax free personal allowance for those earning between £100k up to infinity, will be lambasted as evil in serving the rich. Politics.

They won't give up the Range Rover or huge Audi. Their associates and gossips at the school gates, might think that they're less of a success.

The bugger in all this is how and when to withdraw the personal allowance. Everyone always received the personal allowance until Darling in 2009 (and subsequently backed by Osborn) took it away from those earning over £100,000. Gradually up to a point where its lost altogether. If 45% tax was...

"It still amazes me to see new flash cars on the old council estates, some people can't resist status symbols, and they're probably on tick against the house anyway." This all started about 20 years ago. We bought a small house (secondhand) on a Barrett's type estate in the Brighton area, and...

There is at £123,700. (The danger of looking up something on the internet, where it's a specialism. Our tax system is complex). Effective marginal income tax falls from 60% to 40% on income over £123,700.

Never did trust A.Barnes.

True about high tax rates, total tax yield can decrease. Which is not helped by several key tax rate thresholds, currently £11,850, £46,350, £100,000, £123,700 and £150,000, plus NIC thresholds. Large numbers of taxpayers arrange their affairs, by completely legitimate or by crooked means, to...

There was a recent supporters income, by club, survey and results. Discussed on NSC. The Albion fans income figure was high. Also, perhaps the NSC poll sample would be unrepresentative with a whole load of those actively typing aged 40 upwards, in a good earning period of their career cycles?

"IR35" - it's important here not to conflate two entirely different situations: 1. Personal service companies are tax avoidance, which the IR35 legislation tackles directly. The individual is to all intents an employee (under the very well established badges of trade under case law). The top...

The very organised budgetary controls and prudence?

Tax goes in cycles. Believe me, total taxes as a proportion of total income have risen for many periods of our recent history for those on say £60k. Especially when stealth taxes are taken into account. The Coalition did this from 2010, to help reduce the annual deficit, but people are...

A good point, sometimes people need to appreciative what they have and relative to others. (Not said as an evil £5m a year member of the Illuminati, wanting everyone else to stay on modest incomes). Plus, as menioned by many on the 'change of career' thread, happiness at work is more...

Isn't that wealth? If some earned £400k each year, lived in a rented home and blew all their earnings on a lifestyle, wouldn't they be rich?

Corporate types. BBC senior management. BBC presenters. Presenters for independent broadcasters. Partners in professional firms. PL & Championship footballers. Consultants working for the Nuffield etc. Psychiatrists and some psychologists. Dentists. Property developers. Commercial and some...

£50k gives net income of £3k per month. No one, certainly no politicians, claim that level if income makes an individual "rich".