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Taxing the railways

20 November 2017

2:27 PM

20 November 2017

2:27 PM

Southern Railway train drivers accepted a 28 per cent pay rise over five years, taking their basic salary for a four-day week to £63,000 and putting them in the top 7 per cent of UK earners. With overtime, they get £75,000, lifting them into the top 5 per cent. How much pre-tax pay is needed to reach each stage of the top 10 per cent?

 

10% £51,400
9% £54,000
8% £57,000
7% £60,700
6% £65,400
5% £71,700
4% £80,300
3% £92,900
2% £112,000
1% £162,000

Source: ONS


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