4 ms·
> The average UK salary is £26,500 on which employees pay a total of £5,392.80 in income tax and national insurance contributions. Whoa, what? That's some heft
by tcfunk 11y ago
> The average UK salary is £26,500 on which employees pay a total of £5,392.80 in income tax and national insurance contributions.
Whoa, what? That's some hefty tax for the 26k bracket!
- cardinalfang 11y agoHalf of that is national insurance which is concentrated on £8k - £35k band, counteracting the progressive income tax bands.
- kuschku 11y agoNah, that’s not much. Germany is closer to 40% tax in that bracket. Denmark and co, too.