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A little tax help please
I’ve just started a new PAYE job which has a company car. I also do work in my own time for which I pay tax via the self assessment.
PAYE salary = £25k (I make £150/month pension contribution)
Company car value = £28300 18-19 tax rating 26%
The tax for the benefit in kind of the company car will be taken from my tax free allowance.
My question is how much more can I earn on my self assessment before I reach the higher tax threshold?
Many thanks in advance for any help
Paul
Comments
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15.6 K
46350 - (25000 + 7358 - 1800)
Assuming no other tax code adjustments.Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0 -
As simple as that. Thanks for your reply !!!128077;!!!127996;0
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And assuming not Scotland.
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0
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