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rymate1234 | 3 years ago

> Due to the insidious tax policy of withdrawing the personal allowance when income reaches £100K

The affect of removing that doesn't seem to be that major, with the figures [1] appearing to work out at almost 1.5% less tax for those on £100k, and a little over 2.5% less tax for those on £200k -- hardly a huge decrease in the tax burden for those people.

[1]: https://blogsmedia.lse.ac.uk/blogs.dir/8/files/2022/09/28sep...

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