You are reading a single comment by @frankenbike and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
frankenbike
That's the effective rate - overall tax as a percentage of gross income.
The marginal rate is what the next pound earned is taxed at.
That chart is somewhat out of date (basic rate threshold is now 12,570, for example).