Hello
I’ve been offered a job £45k + £5k car allowance. I want (and I’m sure is expected) to negotiate a salary more than £45k but will I be shooting myself in the foot in terms of the tax threshold? If I leave it as is, I’ll be taxed 20%. If I negotiate say £48k + £5k car allowance will I be taxed 40% and actually be worse off? Apologies if stupid question, I’ve tried to research it and I am still confused!
Thanks in advance!
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