Stolen shamelessly from this article at the BBC, a picture is worth a thousand words as they say :
| Tax rate | Annual income | Benefit | Keep or cut? |
|---|---|---|---|
Lower
 |
£43,875 or less
|
£1,752.4
|
 |
Higher
 |
£43,876 or more
|
0
|
 |
2x Lower
 |
£87,750 (2 x 43,875) |
£1,752.4
|
|
| 1x Lower 1x Higher  |
£87,751 (43,875 + 43,876) |
0
|
|
Note: higher rate tax begins after earning £43,875 (£37,400 + personal allowance of £6,475)
How on earth do these people dream up these stupid fucking schemes which result in more paperwork and laws than the last lot of incompetent cunts could ever dream of?
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