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    40% Higher Tax Bracket. Will this affect me?
    • #1
    • 7th Apr 05, 10:46 AM
    40% Higher Tax Bracket. Will this affect me? 7th Apr 05 at 10:46 AM
    I started a job 2 months ago and was being paid just below 30k. I was quite happy with this, however after some investigations I have been told that I should be on 32,400. I notice that the tax bracket for higher tax is 32,100. Does this mean that I am now in this higher bracket or do we have some allowance to counteract this? Surely if this is true then I am going to receive less than I was before.

    Please advise
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