Accountant Explains UK's HIDDEN 60% Income Tax Rate

[@peterlloyd6337]

Clear, concise and very well articulated. One of the contributory reasons why I feel fed-up with the U.K. as a U.K. tax paying citizen.

[@pjell]

It is disgusting, particularly when the UK does not own it's own infrastructure anymore. I moved to Canada last year, with my family, and although the taxes are high here also, everything is publicly owned (water, power, rail, buses, etc.). Makes me feel much better about paying my taxes.

[@sebastiaanthijn7982]

Tax planning is crucial for optimizing investment returns. If not planned well, taxes can eat into your gains and significantly affect your portfolio growth.

[@gavrilgeorgieva842]

Absolutely, proper tax planning can help minimize tax liabilities and maximize after-tax returns. It's essential to consider factors like capital gains taxes, dividend taxes, and tax-efficient investment strategies.

[@aideedeoliveira6702]

With the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and adapt your tax planning strategies accordingly.

[@finnnagner1755]

The problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

[@christopherherbert2407]

That's true. Changes in tax policies, both domestically and internationally, can have significant implications for investors. It's crucial to work with financial advisors who understand these complexities and can help navigate them effectively.

[@collettejacqueline4160]

Any recommendations please?

[@riceman78]

So you get taxed 60%. Then another 20% on anything you buy from what is left over through VAT. And you need to pay council tax out of taxed income. The UK tax system is horrible!

[@pabo-qv3nx]

Thanks to the CORRUPT PLOT TICIANS.

[@1001legoboy]

Do not forget national insurance!

[@DavidBennell]

yep my bonus was 60% taxed... but Rishi only pays 22% on his millions

[@KIMONOJUDO]

He makes the rules.

[@knowledgeseeker5499]

Same here

[@KSingh-fg7dn]

That's because he's not getting a salary but his money comes from investment dividends or other capital gains. If you become a capital gains investor then you can do that as well.

[@Plexus0]

The tax rate is 0% on asset value increase which would likely be the majority increase to his wealth. In my opinion - the 22% is a distraction.

[@TheSometimeAfter]

​@@KIMONOJUDOsaid like a true slave

[@rmahsan1]

Your videos are incredibly well-articulated and helpful. I love your original content. Please keep focusing on quality and don't fall into the trap of making clickbait videos or trending topics just for views. Your dedication really shows!

[@KiranKaurFinance]

Thank you so much!

[@chiggz247]

Thank you for breaking this down and illustrating it so well! I've heard this mentioned so many times, but finally its shown so clearly!

[@KiranKaurFinance]

Glad it was helpful!

[@Srindal4657]

I understand why the tax is so high (gives government more leverage to do what it wants), what i dont understand is why continue with it? Surely national efficiency is better in the long run.

[@newdayhomes8069]

So you pay more tax on income between 100k - 125k than on income over 125k

[@SeosamhMacUaid]

no over 125k you pay 60% because before that some of the £12,500 personal allowance still applied, after the 125k it does not apply which is an effective 60% tax rate

[@MrMarkellett]

​@@SeosamhMacUaidthat math of 60% only works until all of your personal allowance has gone though. Unless you're bad at maths

[@SeosamhMacUaid]

@@MrMarkellett I'm probably bad at maths to be fair

[@V-Shai]

I genuinely find it so surreal. Growing up through life as a kid, teenager then through as a young adult & never been taught how to be financial literate / responsible. All my life I’ve been told to just save money ( not knowing my savings account I’ve had / been using only had an interest rate of 1% ) when you can & not knowing about ISA’s, tax, businesses etc. Can definitely say it’s been so surreal & an eye opening experience learning about all of this. Can definitely say this channel has helped alot. Especially due to how clear spoken the messages comes across etc 👍

[@KSingh-fg7dn]

Is there a Facebook group that she has that we can all connect in?

[@ErnaSolbergXXX]

Tax is modern slavery and thats why you never learn anything about

[@graemejones9707]

ISA's are misunderstood as always a good thing. Owing to the simple concept of commutative multiplicity, they simply make no difference to investing with gross income instead. The only possible win is if you think tax rates will be far higher in the future (and of course the opposite is true, if you think tax rates will be lower in the future then don''t use an ISA)

[@orr-c4v]

Very good and clear presentation. This 60% tax is a nasty trap because it is almost invisible. There is probably no other country in the world which taxes the income in a lower bracket higher (60%) than the income above that bracket (45%). Absurd and unfair. In some countries this would be incompatible with the constitution. The tax office would be taken to court over this.

[@lucass9779]

1. If you also have student loan then you are losing around 70% of your income. 2. What if I sacrifice my salary for an electric car scheme?

[@markrturner84]

If you went to university in England but work in Scotland, you receive less than 20p in the pound in this income bracket after tax and student loan repayments - completely bonkers

[@rmgaminguk7079]

Great video. It would be great to see how the marginal tax (including NI) rates move over the income level. Showing the 60% here, along with the drop in NI at higher income levels as well as the paying back of child benefit between £50-60k which is another marginal tax spike.

[@leebailey229]

I left a 6 figure salary due to the 60% notional tax plus the National Insurance on top... So it was over 70% a year ago. For what??? The country is a shithole nowadays

[@darrinwagstaffe273]

You did right. I refuse to work once I reach the 40% tax threshold even though I work in the electricity supply industry which is desperate for qualified engineers like myself and have to keep cancelling much needed infrastructure projects because there's just not enough of us. The government want to bleed you dry if you earn anything more than what is needed to live a very basic lifestyle. So I say sod 'em, I'd rather sit on my arse than work once I reach that threshold. What we working for anyway? Like you say the country is a shit hole!!

[@Anaximander_610]

I’ve seen a few explanatory videos on the 60% zone and this is the clearest one. Thank you.

[@MasalaMan]

I knew about the personal allowance going away after 100k but I didn't realize this about the maths! Great Video.

[@KiranKaurFinance]

Glad it was helpful!

[@SurajitMukherjee-gj6he]

Thank you for explaining the tax topics in clear and simple language! This video is very relevant for me. Is there any other less risky option to save tax other than those schemes?

[@programster_uk]

Taxes in the uk are crazy. I pay an accountant who tries to explain my tax return to me each year. However, every time i think ive understood it there is yet another thing that i didnt know about or understand. Not only that but the rules change every year! Its a joke but maddening instead of funny.

[@MrKevSm1th]

Thanks Kiran. Great content.

[@Swifty-sv2my]

What I find the most interesting point made here by Kiran, is that HMRC don't recognise it as a tax band, I'm curious to understand how they getaway with that considering it's basically hiding what should be publicly available information. Kiran - What's your opinion (not advice), on bonus sacrifice when it pushes you into that 60% Tax bracket?

[@DineshKumar-qz9we]

Because it’s not a tax ‘band’ but an effect. You should understand ‘generational’ inheritance tax. That should scare you.

[@prash_t]

Read up on the politics of this. During austerity, the left were saying the rich (defined as those earning >100k) need to be punished even if it results in less tax being recovered due to brain drain. Remember Liz truss tried to change this saying lower tax rates would lead to more tax revenue, and she was shot down.

[@manapause]

Salary sacrifice it into your pension would be the most efficient way

[@Swifty-sv2my]

@@DineshKumar-qz9we I looked into this out of curiosity, and what I read disgusted me! Basically glorified grave robbing! Sometimes I think the more you know the more you don't want to know when it comes to tax!

[@Swifty-sv2my]

@@manapause makes sense to be fair. I guess it's just the age old statement of if you're willing to wait for it, you can indeed just whack it into your pension.

[@Mghanabro]

Love you Gem excellent lovely explanation and amazing grip, what i dont understand is tax is cut before it get to me then on every purchase i pay more tax so doubling up some time triple due to movement of products so every transaction is taxed .....

[@KGopidas]

Well clarified all the very best!!!!

[@stewartmacdonald601]

Nice video. Well explained. You metion the second highest tax in Europe. Is that because Scotland is significantly higher than the rest of the UK? Or is there somewhere even worse?

[@imranochannel7339]

Another excellent video! I didn't know! But wow so I assume taking salary schemes probably best option too!

[@max20817]

As an employee you are taxed before your expenses and as a business owner you are taxed agteryour expenses, you choose which category you want to be in

[@greengardens1565]

Im leaving UK in the next couple of years

[@michaelcorbett4236]

There’s also the situation where you may switch between contracts rather than being permanently employed especially with the changes to IR35. Your tax is often self assessment which logs different taxable incomes. However those incomes from a year or two before can be counted to the estimated taxable income for next year. For some reason the system thought I would earn £300,000 in one year that buggered up my tax code. This was even with me removing income entries that were wrong. Only after a year and half did I get an actual refund of almost £10,000.

[@jayb1602]

I did not know this thank you for informing me on this

[@MT-kr8cn]

Thank you Kiran, very clear. Could you do a video on how the Universal Credit works please? I keep asking my workcoach, how much they will they deduce in the case I find a job, and for how long will I be supported, before it ends, the answer from their side is NIL....I asked them with examples, in case I earn such and such... I have the impression that tney are playing "favouritism" with some jobseekers. Thank you

[@prash_t]

My understanding is that VCT and EIS are tax reduces and work differently to pension tax relief. You still lose your PA but then get a reduction in tax that you have been charged (30 percent relief, not 60 per cent tax relief). EIS, SEIS and VCT should be invested via advisers and for high net worth individuals who can afford to lose the principle. Pensions can also be used to avoid having to repay back child benefits back and again 60 per cent plus tax relief depending on how many children you are claiming for.

[@graemejones9707]

SIPPs and investments are fine if that's what you want to do, but increasingly (particularly for single people) you need your hands on cash now to afford a mortgage and life in general. It's easy to see why young skilled people are leaving this country in their droves.

[@alanjenkins1508]

It occurs to me that the reduction in the allowance means more income is taxed at 20%, not 40% as stated. This would make the effective tax over £100,000 50% not 60%. It would be 60% if the 40% tax band was reduced in line with the reduced allowance, but you don't state that.

[@SeosamhMacUaid]

I'm both happy and sad to say it effects me and I have been getting fleeced for years, so what about SIPPS?

[@nmp9880]

Hi Kiran. I am 72 and retired. My company and state pensions + income from share dividends (ISA maxed out) + interest from savings is going to take me over £100k soon. What are my options to stay below £100k? Eis, vct, etc?

[@marinaderosario]

Hoping you can answer this one Kiran as a UK tax expert. I'm planning to move out of the UK with a property in the UK which I will rent out. Do I loose my personal allowance if I'm no longer a UK resident? Will I pay tax on the whole rental income coming in?

[@lawrencer25]

Why not DM her or ask a qualified accountant? Better still just call HMRC and get the advice from the horses mouth . You really cant go wrong

[@lawrencer25]

😂😂😂 Not much of a tax expert . Best leave taxation to people who understand tax and economic.. That wouid be my advice.. Bet your moving to Dubai 😊😊

[@marinaderosario]

@@lawrencer25 Certainly not moving to Dubai; wouldn’t even holiday there

[@rjj00]

@@marinaderosario why not

[@marinaderosario]

@@rjj00 not my vibe

[@sam5035]

would you be open to discussing/breaking down "adjusted net income" for 15/30 hours childcare / tax free saving?

[@MrSJT]

Wait, are you saying that £500 that you lose, immediately gets taxed 40% rather than being in the range of the 20% in the basic rate band? If so then that means the entire range moves down by £500?

[@p3rryw]

Yeah, I was confused by this too. I thought that the 40% band started at £50270, and that when you lost your personal allowance, it meant that a proportion of your previously untaxed income lands in the 20% rate. But when I looked at what Hmrc say, it’s that the 20% rate is applied to your first £37500 of taxable earnings, so if your allowance drops then so does the effective point at which your earnings are taxed at 40%. @kiran, is this correct?

[@MrSJT]

@@p3rryw if that is so, then that sounds right... waiting to hear from Kiran.....

[@markrturner84]

@@p3rrywthat is correct.

[@Randomukperson]

Don't forget national insurance and the hidden employers national insurance rate. This is why wages in the UK are lower than other western countries

[@michaelw970]

I work in Spain . Uk taxes would be a dream for me …. Inc NI

[@michaelw970]

Spanish income tax for incomes up to €12,450: 19% Spanish income tax for incomes ranging from €12,451 to €20,200: 24% Spanish income tax for incomes ranging from €20,201 to €35,200: 30% Spanish income tax for incomes ranging from €35,201 to €60,000: 37% Spanish income tax for incomes ranging from €60,000 to €300,000: 45% Spanish income tax for incomes over €300,000: 47% Spanish social security contributions are much more than uk ni too 😔

[@dlawrence3187]

When you quote tax brackets for the UK, you might want to qualify it as the thresholds in Scotland are different (and worse).

[@georgep2222]

Thanks, very clear👏

[@xjason1306]

thanks for sharing such helpful information. You mentioned that you can increase your pension contributions to reduce your net adjusted income, can it be any type of pension contributions? For example relief at source, salary sacrifice.

[@RaymondKeen.]

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

[@BridgetMiller-]

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

[@KarenLavia]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

[@Hectorkante]

This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

[@KarenLavia]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@thetruthwillwinoneday]

The whole UK tax system needs to be overhauled. A simpler system is needed.

[@auong4044]

Hello, Enjoyed watching your channel very much. Great work and big thank you! Have you done one on the pension tax once it reaches its limit and any effective way to manage it? Looking forward to your response. 👍

[@faisalejaz3326]

Dear, just explain one thing that the vat tax would be on total sales value or fba and refferel fees, or total profit made by sales on amazon? How can i calculate my vat tax as a across border seller. Thanks

[@AndrewHepburn]

It's much worse in Scotland because of the new tax rate above £75k. Our marginal tax rate between £100k and £125k is now 69%. Madness.

[@davideyres955]

Welcome to socialism. Always helping themselves to your money. To the powers that be you are just an ATM to be leant on every time they want to give away money to buy votes. No government should get more of your earnings than you do.

[@ErnaSolbergXXX]

Slavery

[@markrturner84]

And if you went to university in England and are paying back your student loan, you can add another 9% on top of that!!!

[@omereris852]

So for 101k you pay, 40600 (40.2%) (40400+ 1×200)/101000, and for 125k you pay 55k (44%) (40400 +125×200)/125000. For each 1000 you earn, 0.2% is added. So it is from 40% to 44% in 25 steps. No one under 125k y paying more than 45% tax. She did not say it, but it seemed that she wanted people to assume that, and judging by the comments of several people, they do believe that.

[@sweetvuvuzela4634]

Thanks for your clear explanation superb but is it also possible to avoid this tax same way rich people do

[@SuperRipper1888]

So aren't those on 45% tax effectively paying 65%?

[@pete707]

add on another 10% for student loans and another 5% pension deductions made by law plus NI.

[@mrradman2986]

Maximum rate should be 40% given all the other taxes being levied including VAT which is still 20% having been increased to sort out the finances after the last Labour government.

[@BVisa]

Great vid - Bringing the net adjusted salary down below 100k would also allow childcare benefits to still apply or doesn't make a difference here?

[@kiranchannar6898]

Thank you you for the insights.

[@Owaismh54]

Agreed ! Very well explained!

[@KiranKaurFinance]

Glad you enjoyed the video!

[@gazlives]

should never talk about 'income tax' in uk without mentioning national insurance which is another tax on income. for example if you earm £60k your tax on income ('Income Tax + National Insurance tax) is £14,550 which is nearly 25%. for £100k it is about 30% (income taxes total £31,500)

[@TTtipsforlife]

Hi there, thank you for this information. Do you have or recommend a model that i can use to workout how much of my salary i should put into my pension to maxmise my take home salary? Example if my salary is 110k yearly. Should i just put 11k into my pension?

[@smc812]

If you put the full £60K annual allowance into your pension you would avoid as much tax as possible, but maybe you don’t want to.

[@DineshKumar-qz9we]

1. There are now many more people earning in excess of £100k. 2. National Insurance rate is 8%…it’s a tax. So nearly 68% tax on the employed person. 3. If you’re a company director and you take dividends then tax can be nearly 70%.

[@markrturner84]

2% employees NI at this level so actually 62%

[@markrturner84]

@monipenny408ah, of course!

[@despoticmusic]

I’m hovering just below £100k this year. Next year, this will probably apply to me. I had no idea the personal allowance changed at this (or any) threshold! I bet many of my peers have no idea either… 😂

[@brettonsmith8534]

Start thinking about putting more in your pension.

[@KGopidas]

Could ee hest some policies that lead to tax free investment in renewable energy?

[@KGopidas]

I still think we call it a slab?

[@User-ty2ml]

if you earn more than 125,000 then you don’t need to worry about 60%. As soon as you generate more than 125,000 your tax rate will be 40% for onward income So please DO NOT try to earn less while fearing 60%

[@dragon212008]

Thanks Kiran as always. Any possibility to contact you directly for advice?

[@1001legoboy]

No surprise there are not enough rich people in the uk to generate tax growth!

[@theshiningwire4102]

Try living in Scotland. The marginal tax rate hits 70%. This is driven by extreme socialist ideology and a stagnant economy. 11% of the population in Scotland pay over 60% of the income tax. This punishes hard work, kills ambition and rewards the work shy. They then wonder why high earners are leaving and they can’t attract investment or high paid jobs.

[@jw841]

You are essentially a government employee at that stage but without any of the benefits. Its almost USSR in terms of employee conditions.

[@Aubury]

Extreme socialist SNP, hmmm. However More than 1 in 5 people in the UK (22%) were in poverty in 2021/22 - 14.4 million people.23 Jan 2024

[@supercod]

Remember Scotland have different tax rates. So while we are part of the UK, England and Wales have different tax rates to Scotland. We pay more over £100k

[@MrSalmanBadshah]

Can you make some videos which give us some training for basic.

[@londondisc]

Even our Rishi admits NI is only tax. So add 2 percent for EE NI and 13.8 percent for ER NI. For every 1 Pound over 100k the government gets 75.8 p. Remember NI ER is only a Cost to employer and accounted for under Staff costs in the Profit and Loss. Salary bands disclosed for higher earning Directors also includes NI ER in the costs. Some European countries have high tax bands but no NI or NI ER has a low monetary cap. We in UK are no doubt the highest taxed country in the world.

[@damiansweeney7766]

A great service

[@doublej3313]

Then we pay tax on everything else we buy, this country has been destroyed

[@riceman78]

They call "Fiscal drag" "Bracket Creep" in Australia. I think it sounds better.

[@Zerpentsa6598]

How xan the Greens improve the NHS by raising tax for people earning over £50k? Most doctors earn over £50k. Even long servingbadvaned nurse practitioners earn more than £50k. Higher taxes will drive many doctors to emigrate.

[@robertritchie2860]

60% hits very very few people. Hitting 55% in Sweden is quite easy..

[@barrowwraith1687]

Very interesting, the possibility of having a wage of £100,000 is a fantasy for me; but interesting nonetheless.

[@Wayne-wm6wq]

I have asked you and you have never answered can you show us where it says in law we have to pay tax please thank you

[@davideyres955]

It’s idiotic and criminal to steal more of your money you get for working than you do. The idiotic part of it is if you are say 10k over 100k you will put that into a pension and get under the 100k. If you don’t you no only get taxed at 60% you also lose the £500 un taxed interest completely. So an extra 40% of that money gone as well.

[@ghdrum]

How about shedding a bit more light on the taxation of the super rich? Say, those with over £10m. 60% tax rates for the surgeon who reverses heart attacks seems a bit unfair to me. What are the super rich paying?

[@EconomicsView]

60% insane ! very high ! only way salary sacrifice to pension ! not a lot of people cant do this

[@TheMainMan123]

I need to get in contact with you, I’m thinking of working offshore on wind farm projects just off UK shores and I’m thinking of becoming a LTD company in doing so, would love to get some professional advice off.

[@vvwalker7261]

Low taxes that everyone pays are better than high taxes that no one pays

[@UkUkBDIndia]

how can i contact your company for my business accounts

[@drivefinder]

If we all said fuck off we’re not paying it the shit system would fall. Why do we put up with this shit. 60% we are getting fucked over.

[@nevetsre7001]

I've wound up paying over 40% of my income into my pension, to avoid this.

[@somewheredifferent]

40% plus 20% vat if you are self employed is 60%, why I decided to be a vlogger instead of expanding my business.

[@Revolution6121]

45 + 20 is 65% plus tax on employee wages, business rates plus capital gains on business assets plus inheritance tax they will take 95%. Leave the UK is the best option.

[@Tawaqul123]

Big problem though. By paying in to a pension scheme or these investment schemes. You might avoid paying tax upfront, but they will tax you before they pay you out anyways!!! Haha. So we can't avoid tax like this!! And it just cost you using your money now on better investment opportunities!!! Lool. Please can we educate people about this too next time?. And thanks for sharing about the 60% secret tax lool

[@albedo0point39]

Not really, because: - you get 25% out tax free when you access your pension - as a pensioner you can balance pension payments between assets to stay within the 20% band (and you don’t pay NI) - good pension schemes can have great equity ETF and other options these days

[@DineshKumar-qz9we]

Notice how no political party is talking about cutting taxes. Governments are addicted to tax.

[@youtube1d31]

If your a graduate this increases to 71% ridiculous..

[@lewishorsewell8852]

Pay child support and you have nothing left

[@GeeBeeMike]

The income tax rate in this country is a bloody disgrace. Done with the conservatives and will never vote labour as long as there is breath in my body. It really is time Lord Buckethead ran this country. I dare him to do worse than the current incumbents!

[@squishedfrog99-gp4qq]

60 percent tax rate and all under a Conservative government. They need to be taught a serious lesson. Can't wait for them to knock on my door.

[@SketchyRob]

I would love to be paying the highest rate of tax, Im sure most people would if they were taking home £120k +

[@nicok5548]

If you have a 3 year old, the tax is actually 110%

[@sajad6346]

Thank you Kiran.

[@itsmepickles]

Then when you spend anything you pay 20% VAT on purchases. So even if you're only in the 20% tax bracket you're effectively paying 40% especially the lower amount you earn as your more than likely living month to month therefore not saving anything

[@matthewtrainor1700]

It’s not really 60% though is it, no one goes and looks at a section of their pay that they get taxed on, every one is interested in the overall tax on the overall salary so as far as I am aware we have a progressive tax system therefore we don’t ever pay over 45% whereas a lot of Scandinavian countries for example you would easily pay over 50% in tax on the same income in fact and average salary in Sweden in taxed way higher then in the UK but no one talks about that ? I have worked in these countries for a while now and yes UK are having a hard time getting it right of late but I am sick to back teeth of every one making out UK Is practically the worst at everything with little snippets of information that makes it look bad! Ok it’s not fantastic but it’s also not bad when you look at the country who had 7 times the population than Sweden for example. We are the most diverse country in the world and people including the British have abused the system for many many years and then complain about it. All for using techniques on how to improve you net income and not getting taxed so much but Jesus making it sound like UK tax you at 60% is just ridiculous

[@RAWSND]

Yeah overall it not 60% but still it not fair to strip someone of their tax free allowance for earning more. It should be universal and equally applied but as always it a punishment through the back door. Politics smoke and mirrors with the tax code

[@daddydayne]

EVERYONE SHOULD WORK FOR THEMSELVES AND ONLY TAKE CASH... Then you can decide weather you pay it or not lol its not a privilege to work its not a natural way of life so why should we be forced to pay a subscription so to speak for earning money... Its your time and your skills... Its freely given away without your concent and when you fall on hard times and meed your government to look after you THEY DONT!!! take your tax money and keep aside incase you need it...

[@blisterj]

Only the top 2 pc earn 100k per year people here who earn 100k need to look at offshoreing or moving to a different country rip off Britain at its finest

[@garyb455]

So glad I left 20 years ago

[@msbunyan1]

You give a false impression of tax rates to people thinking of moving to UK. Please also explain NI which is a tax, which is also based on gross. This would bring your 60% to 70% !! The 10% has been brought down to 8% for this tax year but it is a tax and should be included for employees.

[@albedo0point39]

It’s actually 62%. NI drops to just 2% over the higher rate tax threshold.

[@jw841]

Now I understand why no one wants to work in the UK. Just not worth it.

[@S4IF15]

It's funny when people say "Tax man", I refer him to King Charles.

[@WideCuriosity]

You don't earn that sort of income, you manage to aquire it. This video is therefore just for the extremely privileged who baulk at paying back to the society from whom they extracted their wealth. Consequently most citizens will not find much of use for the information here.

[@koppelkevin3416]

So much happiness and joy $47k weekly returns has been life changing. AWESOME GOD I now have a house and can now afford anything for my family even with my Retirement..

[@JackKoppel]

I'm so happy for you dear, please can you elaborate more about this🙏 I'm having a lot of family crisis lately. I definitely believe you're God sent🙏🙏🙏

[@WilliamSebastian-nh6mi]

Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place

[@LucasJackson-se9jj]

Thank God for Bringing Mrs Maria Luisa Abram , I'm happy for God's grace have found me, Mrs Maria Luisa Abram is lord sent

[@charlieadams-pe2nw]

A lot of people keep talking about investments and how investment trade change their lives. I really need to engage myself in someway of earning more income and stop depending on the government

[@JohnKudox]

The miracle of God is flowing Wow I'm just shocked you mentioned Maria, thought I'm the only one trading with her. She's a perfect teacher

[@deborahhobbins7131]

daylight robbery

[@DineshKumar-qz9we]

But people blame billionaires