Beware Of This 60% Marginal Rate Of Tax If Your Income Is Over £100,000.
We all have to pay our taxes but isn’t 60% a bit too much? Especially if you’re able to do something about it?
If you earn more than £100,000 then slice of your earning between £100,000 and £125,000 get taxed at 60% marginal rate.
But with careful expense and pension planning, you might be able to reduce this tax.
We’re happy to meet for 45 minutes to see what recommendations we can give to generate further savings for you.