Jeez only loosing half your income. Sounds great.
What happens if I don't do much work, I assume my passive income is taxed at the same rate?
I'm a higher rate tax payer earning well above the UK average and delighted to contribute half my income to public services. I wish I was taxed more and public services were better, I can survive with less Lego.
I guess it also depends on your outgoings doesn't. If it means less lego, then that's one thing.
If you were the sole breadwinner with a couple of kids in full time childcare and a small mortgage then it might be different.
@jellybaby started
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Jeez only loosing half your income. Sounds great.
What happens if I don't do much work, I assume my passive income is taxed at the same rate?