High-Earners Avoid Promotions to Avoid Tax Trap
Update: 2026-01-05
Description
High-earning UK managers are evading promotions and reducing hours to avoid a steep tax hike, costing the economy top talent and straining public services like the NHS. With tax thresholds frozen until 2030, millions more will face this cliff edge tax trap, pushing effective marginal tax rates to over 70% for some. Checkout Solipillow.com
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