Contribution to the tax man
08 February 2006, 11:08 AM
#1
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Contribution to the tax man
At what rate in your salary do you start paying 40% ??
Having an arguement with a member of staff, i pay over the odds at the moment & i have offered someone a position at 35k a year but they want clarification as to how much tax they will pay & there is no one available in HR
Having an arguement with a member of staff, i pay over the odds at the moment & i have offered someone a position at 35k a year but they want clarification as to how much tax they will pay & there is no one available in HR
08 February 2006, 11:10 AM
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Originally Posted by sti-04!!
At what rate in your salary do you start paying 40% ??
Having an arguement with a member of staff, i pay over the odds at the moment & i have offered someone a position at 35k a year but they want clarification as to how much tax they will pay & there is no one available in HR
Having an arguement with a member of staff, i pay over the odds at the moment & i have offered someone a position at 35k a year but they want clarification as to how much tax they will pay & there is no one available in HR
Over £32k.
08 February 2006, 11:13 AM
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So for talking sake the 35k salary would be fine ???
For the record i dont set the salarys i just advise on what he is capable of earning. Bearing in mind that this is all he will earn per year unless we achieve targets, but thats not going to happen with our leadership team
For the record i dont set the salarys i just advise on what he is capable of earning. Bearing in mind that this is all he will earn per year unless we achieve targets, but thats not going to happen with our leadership team
08 February 2006, 11:23 AM
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Originally Posted by sti-04!!
So for talking sake the 35k salary would be fine ???
For the record i dont set the salarys i just advise on what he is capable of earning. Bearing in mind that this is all he will earn per year unless we achieve targets, but thats not going to happen with our leadership team
For the record i dont set the salarys i just advise on what he is capable of earning. Bearing in mind that this is all he will earn per year unless we achieve targets, but thats not going to happen with our leadership team
08 February 2006, 11:30 AM
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Trending Topics
08 February 2006, 11:43 AM
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Originally Posted by Jonathan Davies
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
Last edited by mart360; 08 February 2006 at 11:45 AM.
08 February 2006, 12:22 PM
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Originally Posted by mart360
As from April its up to 37K
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
08 February 2006, 12:27 PM
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Originally Posted by mart360
As from April its up to 37K
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
2090+30310 = 32400..... which is the amount that the higher band comes in according to HMC. What happened to the missing 5k in your figures?
08 February 2006, 12:28 PM
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Originally Posted by Pedro_79
That can't be right, mate.
2090+30310 = 32400..... which is the amount that the higher band comes in according to HMC. What happened to the missing 5k in your figures?
2090+30310 = 32400..... which is the amount that the higher band comes in according to HMC. What happened to the missing 5k in your figures?
08 February 2006, 12:38 PM
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Originally Posted by davyboy
You sure about that? Where is your source?
prehaps i should have added..
if your income for the year is more than
£5035 then you will pay tax as follows
.....
Mart
08 February 2006, 01:35 PM
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Originally Posted by scoobydooooo
not with spelling like that mate 
its an internet forum, i am not preparing a document to present to my directors !!!
fcukin pedantic ****
08 February 2006, 04:04 PM
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Originally Posted by Tiggs
yes, with his personal allowance and the odd pension contribution he is getting a long way ahead of himslef to worry about HRT
Simon.
08 February 2006, 04:13 PM
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Originally Posted by mart360
As from April its up to 37K
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
£36,295 to £37,435
Simon.
08 February 2006, 04:29 PM
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Originally Posted by davyboy
....so if you earn 37435 or above you get another 900 a year or so then......?
Simon.
08 February 2006, 04:38 PM
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Originally Posted by P1Fanatic
Depends as Im in a similar situation re basic salary but my oncall, overtime (regular) and bonus always lose a big chunk as they take me over that.
Simon.
Simon.
In which case you earn more...and pay more tax.
08 February 2006, 04:39 PM
#29
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Originally Posted by mart360
As from April its up to 37K
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
10% on the first £2090
22% on the next £30310
40% on anything over £37435
just got my new paye coding in
Mart
where have you got next years figures from ????