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How tax traps can erode up to two-thirds of your pay rise

Personal Finance (UK)

How tax traps can erode up to two-thirds of your pay rise

The Telegraph - By Stephanie Baxter

Getting a promotion or a new job is cause for celebration but it is important to be aware of how much extra you will actually have in your pocket after tax. The financial benefits may not be as much as you might expect, especially if the extra responsibilities from taking on a more senior position …

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