|
|
|
|
|
|
by Sholmesy
214 days ago
|
|
|
As well as the childcare benefit removal others have mentioned, you also begin losing your "tax free allowance". The marginal tax rate for 100k -> 125k is 60% (due to losing the ~£12k tax free allowance) "Your personal allowance goes down by £1 for every £2 that your adjusted net income is above £100,000. This means your allowance is zero if your income is £125,140 or above."
|
|
|