Remove ads

Introducing the LemonFools Personal Finance Calculators

FIRE starts today

Including Financial Independence and Retiring Early (FIRE)
Lemon Slice
Posts: 616
Joined: January 15th, 2017, 9:20 am
Has thanked: 33 times
Been thanked: 108 times

Re: FIRE starts today


Postby JohnB » July 13th, 2019, 8:02 am

The NHS problem is very complicated, but revolves round allowance tapering. In the worst case when a doctor takes on a set of shifts that boosts their income from 110000 to 111000 (and total package above £150k), the extra £1000 is taxed at 45%, loses £500 of personal allowance and £500 of pension allowance. In certain circumstances this means they are paying to work. ... -final.pdf explains all

Return to “Retirement Investing (inc FIRE)”

Who is online

Users browsing this forum: No registered users and 2 guests