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 Accounting News & Insights

Latest Tax blog: Top Tax Tips for High Earners

8th April 2013

What is a high earner? There are a few ‘stages’ at which we tax advisers may consider an individual to be a ‘high earner’ and these stages arise because there are a certain levels at which tax planning opportunities arise specifically because of a person’s income. For example – a person may be regarded as a high earner when they are earning £60,000 or more as at this level any entitlement to Child Benefit will be lost. For those earning just above £100,000 this is where entitlement to the tax free allowance starts to be withdrawn. And anyone earning over £150,000 is subject to the top rate of tax of 45%. In all cases these are people who would benefit from taking measures to reduce their relevant income... Read the full article here


Accounting News & Insights

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Latest Tax blog: Top Tax Tips for High Earners

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