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Tax code for 2nd job confusion
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It would be 20% you will have a tax code of BR shown on you payslip which effectively stands for Basic Rate so 20%. You would only be taxed 40% if you earned over £32010 in this tax year and £31866 in the next tax year.
Ok I'm curious - or sad whichever.
Can someone please tell me why this post, which is clearly giving wrong information about the 40% tax band, has been thanked twice?
I'm obviously missing something.0
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