In the top 1% of earners uk, you’ll find highly paid investment bankers, high-flying lawyers and even footballers. But the richest individuals in the UK also have a lot of wealth beyond their salaries. That includes family home equity, property investments and the dividends from their shares. In fact, they own the largest share of the country’s financial assets.
That’s why the top 1% of households are worth an average of PS3.6 million. And that’s the kind of wealth that can help them to improve their lifestyles year-on-year and leave a financial legacy for their heirs. More info
Top 1% of Earners in the UK: How Much Do You Need to Make?
The top 1% pays a higher percentage of the tax burden than any other group. But it’s important to note that income tax is only a fraction of the total amount of taxes that the Government takes in. The rest comes from a range of other direct and indirect taxes, including Council Tax, National Insurance contributions, VAT and tobacco and alcohol duties.
To get into the top 1% of earners uk, it’s all about making good career choices and excelling in your chosen profession or company. But it’s also about having a strong financial plan and living a well-balanced lifestyle that avoids over-spending.
If you can master those, then there’s no reason why you shouldn’t push yourself into the richest 1% of UK earners. You just need the drive, focus and dedication to do it. Then it’s just a case of building up your net worth over time to the point where you can live off your dividends and other forms of passive income and wealth.…