Well as you can see, it is completely counter productive - the Exchequer loses, (not gains) tax revenue from the money that instead goes into the pension, or is not earned/worked because the pilot reduces their hours so as to be below £100k. And the country consequently has a shortage of professionals (particularly if they instead decide to emigrate to a less punitive tax regime). You want higher than 62%?!!! - extracting nigh on two thirds is already arguably in the category of state expropriation/Marxism, and workers push hard against it. Ever heard of the Laffer curve? The absurd unfairness is that it drops back down to 45% above £125k.
Last edited by midnight cruiser; 16th Feb 2023 at 10:42.