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Author 40% tax
Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
23rd Feb 12 at 11:44   View User's Profile U2U Member Reply With Quote
fair enough - must be a new one!
Liam-Wilko
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Registered: 6th Mar 08
Location: Sunderland, Tyne and Wear
User status: Offline
23rd Feb 12 at 13:04   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by strick206
That's a good thing though surely, more experience in a wider range of jobs to help you move up the ladder?


ya its a good thing that we keep swaping departments more experiance and goes better on my CV if i was to leave or anything
Liam-Wilko
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Registered: 6th Mar 08
Location: Sunderland, Tyne and Wear
User status: Offline
23rd Feb 12 at 13:06   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by James
quote:
Originally posted by Robbo
quote:
Originally posted by CORSA NUT
Anywayyyyyyy

What's this extra thing you have to do if you earn above 100K? Just like an extra form?
nothing how much you earn ahs niothing whatsoever to do with wghether you have to fill out a tax return


Actually it does. If you earn over 100k, even PAYE, you have to fill out a tax return.

http://www.hmrc.gov.uk/sa/need-tax-return.htm


there is a few things that can make you need to fill in a return mate some pensioners have to if you rent a home out and get 10k a yer before deductions or get £2500 after deductions (profit) then hmrc will expect you to fill in a return
Graham88
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Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
23rd Feb 12 at 14:00   View User's Profile U2U Member Reply With Quote
How do you know what tax you are being charged?
Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline
23rd Feb 12 at 14:05   View User's Profile U2U Member Reply With Quote
I find this site helpful

http://listentotaxman.com/
Liam-Wilko
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Registered: 6th Mar 08
Location: Sunderland, Tyne and Wear
User status: Offline
23rd Feb 12 at 14:20   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Graham88
How do you know what tax you are being charged?


check the tax calculator mate or you can check www.hmrc.org.uk and check what tax bracket you all under
antnee
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Registered: 30th Dec 07
Location: Cov Drives: Clio 197
User status: Offline
23rd Feb 12 at 16:19   View User's Profile U2U Member Reply With Quote
The tax Im paying is my roll cage fund
luciaadr
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Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
23rd Feb 12 at 18:24   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by liam-corsa-1400
quote:
Originally posted by Graham88
How do you know what tax you are being charged?


check the tax calculator mate or you can check www.hmrc.org.uk and check what tax bracket you all under


http://listentotaxman.com/

very useful website
Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline
23rd Feb 12 at 19:08   View User's Profile U2U Member Reply With Quote
IvIarkgraham
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Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
23rd Feb 12 at 19:14   View Garage View User's Profile U2U Member Reply With Quote
So 9 pages, has there been a definate answer yet?
Dave
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Registered: 26th Feb 01
Location: Lancs
User status: Offline
23rd Feb 12 at 19:42   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by IvIarkgraham
So 9 pages, has there been a definate answer yet?


Two. Anything over £42475 is taxed at 40% (depending on other factors) and HMRC employees don't know much about tax.
Paul_J
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Registered: 6th Jun 02
Location: London
User status: Offline
23rd Feb 12 at 20:16   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Dave
quote:
Originally posted by IvIarkgraham
So 9 pages, has there been a definate answer yet?


Two. Anything over £42475 is taxed at 40% (depending on other factors) and HMRC employees don't know much about tax.


IvIarkgraham
Premium Member

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Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
23rd Feb 12 at 20:16   View Garage View User's Profile U2U Member Reply With Quote
Cool beans
taylorboosh
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Registered: 3rd Apr 07
User status: Offline
23rd Feb 12 at 21:15   View User's Profile U2U Member Reply With Quote
liam dont worry; i have no great command of the english language, cant spell and dont understand grammar either. means fuck all

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