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Income tax and pensioners
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I used to have an elderly neighbour who often chatted about her late husband. I can only assume that "patent agents" must have earned high salaries because apparently he paid tax at "nineteen and six in the pound"....that's 97.5%........ ouch!
My relative says that his grandfather used to grumble about being in the same position....0 -
Investment income surcharge in 1973 was at 90% on investment income over £2000.xylophone said:I used to have an elderly neighbour who often chatted about her late husband. I can only assume that "patent agents" must have earned high salaries because apparently he paid tax at "nineteen and six in the pound"....that's 97.5%........ ouch!
My relative says that his grandfather used to grumble about being in the same position....1
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