3 ms·
It's a bit of misconception that tax increases that much - as national insurance drops off. E.g http://www.thesalarycalculator.co.uk/salary.php http://www.thes
by adamt 16y ago
It's a bit of misconception that tax increases that much - as national insurance drops off.
E.g http://www.thesalarycalculator.co.uk/salary.php http://www.thesalarycalculator.co.uk/salary.php
(figures in GBP)
30k -> 22.6k (25% total employee tax burden)
45k -> 32.8K (27% total employee tax burden)
90k -> 59.4K (34% total employee tax burden)
135k -> 86.0K (36% total employee tax burden)
- ErrantX 16y agoYou missed a key figure though: 60K -> 41.7K (30% total employee tax burden) There is a sudden big leap (of an extra 1%) in that particular range before it settles back down again.