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Re: Is it time to leave the UK?
Quote:
Originally Posted by OLD BOY
It shouldn’t exempt you from paying taxes, but you shouldn’t face punitive rates of tax either.
If you tax success too much, where’s the incentive?
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My friend is a Tax Partner at one of the Big Four firms - he earns a high six figure salary, and gets taxed at approx. 53% of his gross earnings.
As he puts it "my tax is a very large figure, but it still leaves a very large figure…".
He believes that those who earn a reasonable amount should pay their fair share, rather than try to avoid their contributions to society.
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