Tag: UK Tax

5
Feb

The UK has the joint highest Income Tax rate of 60% in Europe – Who Knew?

Surely this can’t be the case? Well it is. All Income tax tables will show that the highest income tax rate in the UK is 45% if you earn over £150,000, however a quirk in the system means if you earn over £100,000 you might start to pay an effective income tax rate of 60% on some of your earnings,

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