Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

What 60% trap is that? The linked page looks very suspicious and doesn't offer much information.



Between 100k and 125k you lose £1 of your tax allowance for each £2 you earn. Which greatly increases your tax in that window.


It does, but not greatly: for a £110k salary the effective taxes (including NIC) are around 35%.

It is not a good idea to get your tax information from an investment corporation advertisement.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: