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I have no familiarity with the UK tax practices, but what kind of burden are you for an employer? The US has 7.5% tax per employee. There are a few others such
by virmundi 10y ago
I have no familiarity with the UK tax practices, but what kind of burden are you for an employer? The US has 7.5% tax per employee. There are a few others such as health insurance.
- gpjt 10y agoThere's an extra tax paid by the employer, technically "employer's National Insurance contributions", which is about 10% (up to a limit). So that's comparable to US payroll taxes. Because the National Health Service is generally considered to offer a decent-enough level of care, there's normally no private health insurance in most tech jobs -- so no extra costs there.
- walshemj 10y agoAnd anecdotally that an british expat who worked for citi in the states was paying over 15% just for his health coverage - he was lucky as his wife is something senior with the FBI and has coverage from work.
- taurath 10y agoAdd 30% of salary for each employee in the US to get "total compensation" which means health/dental/life/vision/retirement benefits.
- Swannie 10y agoOdd. Admittedly my sample size is low (2), but some level of private health insurance was offered at all the places I've worked in the UK.
- walshemj 10y agoFor a gross salary of 90k as assuming 2k a month dc pension it breaks down like this. Taxable wage 55K Taxpaid 15.6k Tax Free 11k NI 5.1K Take home 45.26 Pension 24k Tax relief on pension 9.6K And rember you also have CGT allowance of 11K and an Annual ISA allowance of 14.2k (20k next year) and property taxes are much much lower The rule of thumb I heard for the cost of a FTE was 3x salary.