Where did your 60% come from?
[1] https://www.gov.uk/income-tax-rates
The net effect is an effective tax rate much higher than the nominal rate.
You lose other benefits to but they aren't factored in as depend on if you have kids or not etc.
The net effect is an effective tax rate much higher than the nominal rate.
You lose other benefits to but they aren't factored in as depend on if you have kids or not etc.