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Why is the UK Tax System so Weird

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In this video, we’re going to have a look at why there’s so much strangeness in the UK’s marginal tax rate, and why basically wherever we look in the tax system, we find weird rules and caps.

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SOURCES

Tax Policy Associates on Marginal Tax Rates
taxpolicy.org.uk/2024/06/18/what-are-marginal-rate…

BBC News Explainer on Marginal Tax Rates
www.bbc.co.uk/news/58870012

High income Child Benefit Tax Charge www.turn2us.org.uk/get-support/information-for-you…

Income Tax and Personal Allowances Government Explainer
www.gov.uk/income-tax-rates/income-over-100000

Capital Gains Tax Government Explainer
www.gov.uk/capital-gains-tax/rates

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