Quote:
Originally Posted by Paul
The tax rises are not really rises as such, just a freeze on the current 'free' levels.
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If you earn £125,540 (funny number, wondered why?) you lose
ALL free allowances.
Anyone between £100,000 -125,540, loses £1 free allowance for every £2 above £100,000.
If you are between £125,540-150,000, extra 5% tax.