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Tax Rate
Clawson4858
Posts: 1 Newbie
H
Furloughed Tax Rate
I currently have a gross income of £58k so clearly £2500 is the max monthly amount I will receive , but what will the tax rate be on that amount given the higher tax rate I currently pay ? will it be at the higher rate? or the lower rate ?
kind regards Darren
0
Comments
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If your taxable trading profits from self employment for 2018/19 exceeded £49,999, and the average annual taxable trading profits from self employment over the period 2016/17 to 2018/19 exceeded £49,999, you will receive no grant at all. What precisely is the £58,000 figure?0
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