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advice on income tax
b_burns
Posts: 9 Forumite
I am currently in receipt of two occupational pensions my basic rate allowance goes to them ihave been offered a job that will take meover andinto the next thresfold any advice on how it works
0
Comments
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The basics are:
anything earned on top of your personal allowance, up to £35000 is taxed at 20%, anything you earn over £35000 is taxed at 40%0 -
youre going into the 40% tax bracket?
everything you earn up to the higher rate wil be taxed at the basic rate. anything above will be taxed at the higher rate.0
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