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Ep 112: Don’t get stung by the marginal rate tax trap..

Medics Money podcast

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Is There a Tax Bill for a Child Benefit?

Corporation tax rates are going to be increased from 19% to 25%. In between some profit thresholds, there's a taper rate of 26.5%. You could have two people earning 50,000 pounds and still get the full child benefit. But as if you have one person owning over 60,000 pounds, then you don't get any child benefit at all. There are also other areas which we're not going to cover today, which can affect you.

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