You need to add your personal allowance of £12,570 on to that.

You are subtracting £12570 from £50270, dutch. You have a tax free earnings allowance before you start paying income tax at basic and then higher rate.

Lol, thanks mono. I read that, answered the phone before hitting post reply. All sorted in the meantime!

    Never assume Mono.

    IT MAKES AN ASS OUT OF U AND ME.

    I’ll take that as a yes then. Tell him to pay his fucking taxes.

    mono-stereo Assume your Dad’s a non-domiciled individual?

    Senior seen with his tax team at the end of the financial year:

      Ah ok.

      Whichever dick head wrote their website needs a massive kick in the bslls as that is not clear at all

        Old-Dutch To be fair it says before the table:

        “The amount of Income Tax you deduct from your employees depends on their tax code and how much of their taxable income is above their Personal Allowance.”

        I must admit, I would also skim this part and go straight to the numbers 😆

          Not all of us have 12k personal allowance which is why it’s worded like that I think

          Yeah but it then goes onto refer to ‘earnings’. Surely all money you earn is classified as earnings, whether it is taxable or not?:

          English and Northern Irish basic tax rate 20% on annual earnings above the PAYE tax threshold and up to £37,700
          English and Northern Irish higher tax rate 40% on annual earnings from £37,701 to £150,000