>> Speaking to the Dr's I know /work with, there's a big tax disincentive to work
>> lots of hours. Higher income tax and a tax on pension pots to put it
>> simply, so lots prefer to work part time as its not worth working full time.
>>
>>
The tax issue is one all high earners face unfortunately; however not many still have DB pensions schemes so feel less strongly about the taper relief issue, or at least can work round it. They’ve accepted they’ll have so save anything over £1m out of taxed rather than untaxed income, which is either not an option or not attractive to higher eating DB pension members. It’s possibly u there in the very definition of a first world problem at the moment...
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