there's an effective 60% rate on earnings between 100k and 120k, due to losing the personal allowance by £1 for every £2 earned over 100k
You can avoid this by making gross pension contributions of the amount in excess of 100k, which will then receive tax relief at 60% while your tax remains at 40% in that portion.

You're welcome.
(dozers, do fuck off ur a nob m8, Thu 15 May 2014, 15:34, 3 replies, latest was 11 years ago)

Yeah, might place you on ignore for an hour or so

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:35, Reply)

you have the power to delete all of this man, and deletion is for winners

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:40, Reply)

It's all about the timing though

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:42, Reply)

good, did i see al pipe up a moment ago? it's close....

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:42, Reply)

Yeah, he's on my side
I'll wait 'til we've reached maximum NOT UPSET
( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:43, Reply)

I trust your judgement

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:44, Reply)

I've actually got loads of work to do somewhere else, but I can't be bothered to get up

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:45, Reply)

I'm going to the pub shortly, but would happily stay to help decimate the majority of this thread,

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:47, Reply)

You love a bit of lolitics

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:48, Reply)

I can *feel* the NOT UPSET building!

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:50, Reply)

I'm not so sure about it now, Al has just made a really good point.

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:52, Reply)

I don't read his posts

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:54, Reply)

Won't she let you?

( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:55, Reply)

i haven't asked.

( MEATSNAKE Richard Hammond, Thu 15 May 2014, 15:56, Reply)

I've been in the pub for nearly 3 hours.

( Fucking hell Jeff I am not a robot, Thu 15 May 2014, 15:48, Reply)

I have a 2nd viewing on my house this evening
then I'm off to the pub
( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:50, Reply)

my dad started going on about this
but i can't spend it until i'm about 55 at that rate. fuck that. i want a holiday. i need it, because i work such fucking long hours!
( rachelswipe with a fork, Thu 15 May 2014, 15:36, Reply)

you get preferential treatment
Your contributions attract at least 40% relief but you'll probably become a basic rate taxpayer in retirement. Do the maths, yeah?
(dozers, do fuck off ur a nob m8, Thu 15 May 2014, 15:38, Reply)

Get Frog to knock you up
You'll get a really long holiday then.
( tangledupinblue hairy badge with moving eyes, Thu 15 May 2014, 15:39, Reply)

I read it as "I can't afford a holiday on the other 100 grand I earn, despite having no real outgoings"

( Kroney, Thu 15 May 2014, 15:41, Reply)

how's the job hunt?

( rachelswipe with a fork, Thu 15 May 2014, 15:47, Reply)

You cant spend it at all now though
Its fucking gone
( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:43, Reply)

it's gone on yurt roofs :(

( rachelswipe with a fork, Thu 15 May 2014, 15:50, Reply)

You can't handle yurt roof

( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:50, Reply)

Really? Nothing for this?
etc.
( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 16:00, Reply)

£9.50 sun holidays.
Sorted.
( Muns, Thu 15 May 2014, 15:48, Reply)

I forgot to buy the Daily Mail for the free Lego
:o(
( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:51, Reply)

Twat!

( Muns, Thu 15 May 2014, 15:52, Reply)

INORITE
Spiderman lego
( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:52, Reply)

Spidertwat!

( Muns, Thu 15 May 2014, 16:11, Reply)

Does whatever a spidertwat can

( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 16:18, Reply)

i was reading about this the other day, but you siad it better than i ever could you debonair financial copyeriter you

( Naked Ape call me Caitlyn, Thu 15 May 2014, 15:36, Reply)

I, for one, am squeaking contentedly having read this.

( Fucking hell Jeff I am not a robot, Thu 15 May 2014, 15:38, Reply)

hahaha

( sporters I’m sincerely gratitude to you, Thu 15 May 2014, 15:42, Reply)

OfficeGuffaw

(Reverend Fister "a disciplined fuckwit", Thu 15 May 2014, 15:57, Reply)