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17th Jun 2009, 09:44
Replies: 119
Views: 38,509
Posted By Bruce Wayne

And if he is domiciled in the UK he is above the...

And if he is domiciled in the UK he is above the 150k PA tax band which leaves him paying 50% income tax.

In other words, 6 months of his 12 months income goes straight to the government in tax.
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