The additional 45% tax rate threshold will reduce from £150,000 to £125,140 in 2023/24 so if your income is between those limits, bringing forward income into the 2022/23 year could give you a 5% tax saving.
Tax planning for April 2023
Richard Verge - Tax Director - rverge@goodmanjones.com
Posted on 13th March 2023
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