Here is a chart showing the top 1% and 5% of salaries after tax done by walletsavvy so if you’re aiming to be in that top 1% or 5% get ready for those tax bills!

FYI for income over £100k

Your Personal Allowance goes down by £1 for every £2 that your adjusted net income is above £100,000. This means your allowance is zero if your income is £125,140 or above. You’ll also need to do a Self Assessment tax return if your adjusted net income is above £150,000.
#tax #personalfinance #income #wealth #money #investing


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