The £100k tax trap will affect 2.3 million UK taxpayers by 2029 as fiscal drag pulls more middle-class professionals into this punitive 60% marginal tax rate.
We break down the key measures from Budget 2025, including extended tax threshold freezes, salary sacrifice changes, ISA reforms, and support for pensioners and lower-income families.
The UK's cost-of-living crisis is driving thousands of professionals to relocate to Southern Europe, where Portugal, Spain, and Italy offer 40-60% lower living costs while maintaining superior quality of life.