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tax bands

lil_lady_2
Posts: 138 Forumite
in Cutting tax
i was just wondering about the tax bands i know the cut offs.
it just seems like its not worth taking a pay rise then is it ?? If it puts you into a higher tax band .
what im trying to ask ,you could be given a pay rise but then that would leave you with less in some cases right??? if your on the cut off point.
it just seems like its not worth taking a pay rise then is it ?? If it puts you into a higher tax band .
what im trying to ask ,you could be given a pay rise but then that would leave you with less in some cases right??? if your on the cut off point.
0
Comments
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No it's not right.
You only pay tax at the higher rate on the amount you are into the higher rate not the whole amount.0
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