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10-26-2006, 06:41 PM
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Junior Member
Join Date: Oct 2006
Posts: 1
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UK income tax
Can someone describe to me or point to URL with more information on UK income tax?
The things interesting: What are tax Rates and Allowances for single/married? Do depends (children) are qualify for deductions? How different UK tax system v.s. US in form of other tax brakes/deductions? According to http://www.hmrc.gov.uk/ Rates and Allowances - Income Tax Basic rate 22% applies to amounts of 2,091 - 32,400 Higher rate 40% applies to amounts over 32,400 Does it mean that if the salary is 32,399 I get taxed at 22% When when I begin making 32,401 I immiddeatly jumt to 40% ? Thank you Last edited by pycb : 10-27-2006 at 04:43 PM. Reason: more information |
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