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| *The Commerce Journal>>>United Kingdom Taxes |
My income to this point is about 74,000 gross, can I avoid the next tax bracket, or can I claim head of house? |
I get paid by the hour, my company may allow me to hold my time for december until next year, but I am not sure if that is leagal. Oh wow, you make a lot of money!!! can you support me!!? This is posted on the UK site. |
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If you are resident in the UK, you pay tax on your worldwide income. The income from Ebay arises in the UK in any case if you are based here and sending out goods from her - it doesnt matter where ... Yes, the UK has tax brackets. 10%, 22%, 40%, and different rates for capital gains. Check out Her Majesty's tax assessor's website... ...1402.50/55=25.50 ...The actual amount for 2007/08 is 拢34600, after personal allowances. ...They also get info from Electoral registers, the internet, banks and building societies, insurance companies, ships brokers, Valuation rolls, etc, etc ...Of your total earnings (both jobs) the first 拢5250 is tax free (usually used up by your main job) the next 拢2125 is taxed at 10% (again usually on your first jobs earnings) anything above that, up ... Ok primary job is 22% second job is 25% ...Those of us lucky enough to have got a good education and a good job (like me) are wise and appreciative enough to be happy to support those with less income. As for incentive, those who started w... |
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