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Old 24-03-2009, 11:46   #10
entwisi
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Re: 45p Tax on high earners

40% tax band starts a lot lower than 150K IIRC its ~38-40K

so unless they split it so that you have a band of 40 from 38 - 150 and 45 above that you are effectively increasing the tax on being successful in your career. what a brilliant way of encouraging people.

ETA: http://www.hmrc.gov.uk/rates/it.htm
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Last edited by entwisi; 24-03-2009 at 11:48.
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