Search results

Child benefit is a taxpayer state benefit, it’s not part of a salaried income. It’s like the unemployed referring to their social benefits as “wages”.

I’m not arguing that earning more isnt worthwhile, merely highlighting that amongst the rich there is a higher tax rate than 45%. https://www.telegraph.co.uk/news/2017/06/01/number-high-earners-caught-60pc-tax-trap-set-double/amp/ Context is everything, dropping into this band will be...

For the record the top 2% do not get a personal allowance, this creates an income tax/NI band of 60%. That may be progressive but what it really means is dont take a small pay rise to get to £100k plus, you will pay more tax than thise on £150k. May be the poll should be; at what salary level...