60% income tax band under Tories!!!

[AtW]

No 13.8% uncapped Employer NIC in those calcs.

FTFY

[VectraMan]

How much tax do you pay on the incremental income between £100K and £123K? £13.6K. So for every pound of income above £100K up to £123K, as ATW rightly notes, you lose 60p in tax.

I thought it was probably something like that. I suggest taking a trip to your local pub, explaining it to people and see how much sympathy you get.

[AtW]

I thought it was probably something like that. I suggest taking a trip to your local pub, explaining it to people and see how much sympathy you get.

I'd explain them that adding 5-10% extra tax on 1% of people won't generate that much extra revenue, so that Govt is using it to distract people like pub drinkers from a bunch of other taxes ON THEM.