RE: The Stealth Tax Hike....
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This means that while inflation makes wages rise, the thresholds at which people begin to pay tax, or move into higher rate bands, do not shift.
I don't have any comment on that... When I see numbers 20%, 30%, or more, I remember the history books when people were raising revolutions because they had to pay 10% to their rulers/occupiers...
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It's simply not worth earning over £50K a year here, unless you SIPP everything over that threshold, which I imagine a lot of people do!