
Quick Wins with Costs and Tax
The Meaningful Money Personal Finance Podcast
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Income Tax Catgiom Taxes - The Biggest Cost of All
Income tax on earnings, dividends, interest and rental income gets charged at different rates. Everybody has a tax for the amount called. Then there's a savings allowance and a dividend allowance as well. Thereafter, weve got bands. So as income increases, you end up in different tax bands. And the income that lands in those bands will be charges at different rates depending on how much it all adds up to. It's annoyingly and unnecessarily complex. Whoever came up with a 38 point two % or 38 pointy five % top rate of das or dividendssao, it's probably the wrong rate. But income, it's there, but you'r notw g
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