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She calls it the “60 per cent tax trap”, a name given to the removal of the personal tax allowance for those earning just above £100,000 and below £125,000.
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On 22 April 2009, the then Chancellor Alistair Darling announced in the 2009 Budget statement that starting in April 2010, those with annual incomes over £100,000 would see their Personal allowance reduced by £1 for every £2 earned over £100,000, until the Personal allowance was reduced to zero, which (in 2010–11) would occur at an income of £112,950.
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Andrew Tate’s accounts include two at Barclays – one containing £1,460,922.48 and another totalling £126,272.13 – a cryptocurrency account equating to £69,982.32, two Metro Bank accounts ...
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Annual income percentiles for taxpayers in the UK, before and after income tax. In the SVG file, hover over a graph to highlight it. The most recent SPI report (2012/13) gave annual median income as £21,000 before tax and £18,700 after tax. [7] The 2013/14 HBAI report gave median household income (2 adults) as £23,556. [9]
The Million Pound Drop (also The Million Pound Drop Live and briefly The £100K Drop) is a British quiz show which was broadcast on Channel 4 in the United Kingdom. The show was first aired on 24 May 2010 and was presented by Davina McCall .