3min chapter

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Ep 142: Tax traps to avoid and is property a good investment?

Medics Money podcast

CHAPTER

How to Calculate Adjusted Net Income for High Income Child Benefits

If your fresh hold income exceeds 200,000 then your annual ounce may be tapered down. The adjusted net income that we've spoken about is for the personal ounce. It's for a child benefit, the high income child benefit charge and it's for the tax free child go scheme. If you're in these ranges, you got to think about this. And also on our marginal rate tax, our cost and YouTube, we talked about the worst marginal weight of all - universal credit. That is just an absolute disgrace of tax legislation in my opinion.

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