2 ms·
> those tax rates are also virtually identical (although now you're having to pay employer NI contributions). Employer NI is 14% on top, it’s a big increase ta
by yardstick 4y ago
> those tax rates are also virtually identical (although now you're having to pay employer NI contributions).
Employer NI is 14% on top, it’s a big increase tax wise. It brings the effective tax rate for FAANG/similar salaries to over 58%.
For those unfamiliar, listentothetaxman [1] is a great resource.
1. https://listentotaxman.com/ https://listentotaxman.com/