We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

tax bands

i was just wondering about the tax bands i know the cut offs.
it just seems like its not worth taking a pay rise then is it ?? If it puts you into a higher tax band .

what im trying to ask ,you could be given a pay rise but then that would leave you with less in some cases right??? if your on the cut off point.

Comments

  • jem16
    jem16 Posts: 19,693 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No it's not right.

    You only pay tax at the higher rate on the amount you are into the higher rate not the whole amount.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.