4 articles tagged with High Income.
The HICBC reformed in April 2024: new £60k threshold, household income basis, taper to £80k. Pension salary sacrifice strategy and a worked example.
The HICBC threshold rose to £60,000 in April 2024. Here is how the new taper works, strategies to reduce your adjusted net income and the PAYE changes coming in 2026.
If your income falls between £100k and £125,140, you face a 60% effective marginal tax rate. Here's how pension contributions and other strategies can protect your allowance.
Five detailed HICBC worked examples for 2026/27: the new £60k-£80k taper, salary sacrifice strategy, joint income scenarios, and the cliff edge at £80,000.