The Tax Tower — See How Income Tax Bands Actually Work
Most people think they pay 40% tax on all their income when they enter the higher rate band. They do not. This interactive tower lets you drag a slider and watch how your income fills each tax band. See the real difference between your marginal rate and your effective rate.
How to use
Drag the slider to set your annual income. The tower fills from the bottom up, showing each tax band. The summary shows your total tax, effective rate, marginal rate, and Personal Allowance status. Watch what happens at the 100,000 mark.
Understanding Your Results
This tool is designed to help you understand a specific aspect of your business finances. The results are based on general rules and typical scenarios. Your individual circumstances may differ, so use this as a starting point for further investigation or a conversation with a qualified professional.
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Book a Free Discovery Call© Imperial Consulting Limited, trading as Grosvenor.Solutions. For educational and illustrative purposes only. Not financial, tax, or legal advice.