Happily, intrepid retirees have sent us back reports from the frontier with enough detail to fill in the ‘Here Be Dragons’ gaps in your FI map. The resultant research –Retirement Living Standards in the UK in 2023– plots three tiers of retirement spending: from Minimal to Moderate to Com...
Let’s begin with the hard numbers. Then we’ll get into what your tax bracket means for your take home pay. 2023/2024 UK tax brackets The rate of tax you pay depends on your total income from all sources. This includes salary, interest, dividends, pensions, property letting, and so o...
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