High earners child benefit tax trap

JeffA:

Sploom:
Youre telling me that if earn 150k,you only get 90k.Thats shocking.No wonder we lose so many doctors to other lower tax countries.
There isnt much incentive to do really well then.Just as well I only ended up a trucker.

You can exploit all kinds of tax loopholes if you are wealthy - thats why Trump only paid £750 a year income tax.

Not really sure an American citizen would have that much income tax to pay HMRC in the UK though!!!

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