Sunday, 25 October 2026

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What is the £100k income ‘cliff-edge’?

The tax-free personal allowance starts to be taken away when you hit six figures, and in England you lose access to childcare subsidiesBelieve it or not, there are downsides to earning more than £100,000 a year – particularly if you have small children.“It’s the ambition of many people to reach an income of £100,000, but it does come with an…

The tax-free personal allowance starts to be taken away when you hit six figures, and in England you lose access to childcare subsidiesBelieve it or not, there are downsides to earning more than £100,000 a year – particularly if you have small children.“It’s the ambition of many people to reach an income of £100,000, but it does come with an…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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