I've been paying 60% for years now :Oh crap

Many countries allow you to pay flat rate tax. Here its 19% minus expenses. You also have the option of paying lower flat rate tax (all the way down to 3%) but you can't write off your expenses.

the money has to come from somewhere and you only pay that top rate on anything you earn over £150k, and if you're earning that much you can afford a tax rise a lot more than someone on an average wage.

Well it varies but its anywhere between $250k and $300k and Yes thats only what you pay over the $300k, not all of your wages.

First £6k (around 10k USD) is tax free, then the next part up till £40k (about $60k-$80k) is just 20% tax, then 40% up to this new level of 45% for the part over £150k (over $250-$300k USD)

UK tax is actually very low compared to the rest of Europe, but higher than the states.

Well in Holland it has been like that for many years already, and before it was also a crazy 68% like in Sweden. However time is changing here and with the left wing government taxes are already raising every day. I'm preparing myself to say goodbye to all the lazy fuckers here :321GFY

In Sweden you would pay 57% income tax on £150k, also the company would have to pay 33% in taxes on that £150k they paid you.

Norway has high taxes! I think I am paying 40%

:1orglaugh:1orglaugh

wow, ... those taxes are really too high..

As a matter of fact, my income is into 7 figures so yes I am directly affected but not for long.....

On nig*ers and muslims!

Where are you thinking about moving to?

Well......... actually i was close to 7 figures in dollar terms before the £ collapsed but as my income is non adult, i would consider Dubai. I think 20% or less upper rate is reasonable but im open to suggestions.

Just no place wheres its too cold or too hot (dubai is an exception).

That is just insane! I would not be shocked if millions flocked out of there straight away if this happened.

Funny, last week I helped incorporate a UK based company in an offshore new-EU zone.

Result - 10% corporate and 12% personal tax.