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Topic: payroll taxes?  (Read 746 times)

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payroll taxes?
« on: February 23, 2004, 05:49:35 PM »
approximately how much is taken outof a pay check for payroll taxes?  

Just trying to get an idea of how much i would home compared to my salary.


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Re: payroll taxes?
« Reply #1 on: February 23, 2004, 09:08:32 PM »
Roughly about 20%.   :o


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Re: payroll taxes?
« Reply #2 on: February 24, 2004, 09:10:34 AM »
Not having lived there yet, I'm not entirely sure. But Inland Revenue seems to state that, depending on your income, it could be significantly more than that.

Income Taxes:
http://www.inlandrevenue.gov.uk/rates/it.htm

National Insurance Rates:
http://www.inlandrevenue.gov.uk/rates/nic.htm

-baylor


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Re: payroll taxes?
« Reply #3 on: February 24, 2004, 09:46:47 AM »
Yes it goes up to about 40% if you make more than £30,000....so I'm happy staying in a mid-management job, thank you very much!  :)


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