Why high earners are cutting their pay (clue: it’s about 600% tax)
- Posted on February 9, 2025
- By The Times
- 3 Views
![](https://www.thetimes.com/imageserver/image/f56c0b53-7627-4b34-b56c-4d60874d58cd.jpg?crop=3024,1701,0,639&resize=1200)
Why high earners are cutting their pay (clue: it’s about 600% tax)
![](https://www.thetimes.com/imageserver/image/f56c0b53-7627-4b34-b56c-4d60874d58cd.jpg?crop=3024,1701,0,639&resize=1200)
More salaries are teetering on the income cliff edges that can cost you thousands of pounds worth of free childcare if you get a pay rise, reports Ali Hussain