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Search: Posts Made By: hans brinker
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Forum: Terms and Endearment
16th Mar 2023, 04:32
Replies: 47
Views: 21,348
Posted By hans brinker

please look up the definition of effective vs...

please look up the definition of effective vs marginal rate.
Forum: Terms and Endearment
16th Mar 2023, 04:26
Replies: 47
Views: 21,348
Posted By hans brinker

I was wrong, guess your government does double...

I was wrong, guess your government does double dip. Finally found it on the UK.GOV website. Losing some, or all the personal allowance also brings down the amount where the higher rate of 40% starts...
Forum: Terms and Endearment
15th Mar 2023, 07:31
Replies: 47
Views: 21,348
Posted By hans brinker

The way it sounds to me is that you lose your...

The way it sounds to me is that you lose your personal allowance at a rate of £1 for every extra £2 over £100.000. If you make £110.000 you you PA goes down to £7.570, and you pay 20% over (£50.270 -...
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