FinancialTimes
Region: GB
Thursday 09 January 2025 18:49:50 GMT
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Midazakablam :
I stopped doing overtime in aug this year because you lose nursery benefits and pay 60% tax at 100k - the tax system shouldn't disincentivise working
2025-01-09 22:40:00
83
Dad's crap dancin :
absolutely disgraceful any of us are taxed past 20%
2025-01-09 22:37:03
85
8567875r9974 :
It hampering growth. the most productive workers are punished for working harder
2025-01-10 08:27:29
22
あいす :
yep... then you add on 2% for NI, 9% for student loan and 6% for postgrad and you're looking at a 76% marginal
2025-01-09 20:08:32
37
Pax :
how is it a trap? is this not how high salaries work?
2025-01-09 21:32:21
14
Ja_making :
Tax wealth and land, not people’s wages
2025-01-10 14:15:16
16
Ad Vicomté :
The attention that is given to this tax bracket is insane. Talk about more important stuff please.
2025-01-09 19:55:32
8
gary_real.estate :
😂 60%? Sales tax after then. Wow, escape it
2025-01-09 18:56:20
5
chessmortgages.co.uk :
Awful tax regime - disincentivises progres
2025-01-09 23:40:52
7
Richardd :
Yep got fed up of that so retired. Much happier now but gov lost a lot of tax, other factors too but if they hadn’t been so greedy I may have kept going a while longer.
2025-01-11 10:04:31
2
d3monixxx :
EU countries are taxing less than that.
2025-01-09 18:59:52
8
jules :
put the tax in the bag.
2025-01-09 19:34:53
7
Abdullah :
they should tax 125k at 60% then
2025-01-10 19:01:25
2
JoshuaT :
Above 125k the tax rate comes down? Isn’t that strange?
2025-01-10 04:08:33
7
Claudiu :
Everyone move to Switzerland 🇨🇭
2025-01-09 20:56:25
6
thommy1979 :
Nope, 5 years running I dodge it. So gov goes from getting 42% to nothing. 😅
2025-01-10 10:43:13
3
uktiktoketc :
I'd love to know the percentage of 100-125 paye folk that don't Salsac most of it into their pension.
2025-01-09 19:51:41
5
Severus1981 :
That’s why I’ve dropped to a 3 day week - rather have the free time than paying 40% of what I would earn in tax
2025-01-10 08:04:18
3
J :
wish I had that problem
2025-01-09 20:07:49
6
lilwil567 :
Sorrows, sorrows, prayers
2025-01-09 22:19:12
8
ApexGrizzly :
Or the government should find ways to stop wasting money and lower our taxes
2025-01-10 09:13:58
2
pseudointellectualistt :
High taxation is a fine for being successful and demotivating hence why people are leaving in droves
2025-01-10 12:04:46
2
VineSurfer :
60%!!! what a joke. My marginal tax rate is 46.5% and because of that I take a month unpaid leave each year. Yet the government always cries about 'worker productivity' well make it worth my while.
2025-01-13 01:15:51
1
K :
Great advice although most people need money to pay for everything right now!
2025-01-10 07:03:44
3
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