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by mytailorisrich 50 days ago
Yes, "higher salaries" as in higher tax band (median salary is 39k, higher tax band starts at 50k), which impacts 16% of people. That's why it has an notable impact on sales and also on the used cars market (salary sacrifice schemes are usually PCP/leasing over 3-4 years).

Perhaps it is the "London bubble" on HN as I feel that no-one is registering that 100k+ is a really, really small minority...

2 comments

according to the IFS 100k+ is top 10% earner in the UK. Which does feel a bit bubbly to me
Yes, seems a bit generous. What I found most often is ~4-5% with up to 18% higher tax payers (>50k) in latest tax year (threshold being frozen...).
> What I found most often

How did you find this?

I'm not based in London.