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| *The Commerce Journal>>>United Kingdom Taxes |
New 10p tax rate if it gets put into action will i be better or worse off? |
I start a job in june earning 拢11750 (Before tax and NI which isnt bad for a 17 year old lol) can you please tell me at this moment in time with current tax rates how much i will clear after tax monthly as it is a salary i will recieve, and how much worse or better off i will be with the new 10p tax rate. I am 17 and living with my parents at the moment :) 拢776.90 +/- There is no new 10p tax rate. The gov is abolishing the 10p tax rate, so now you will pay 20 - 22% so you are guaranteed to be worse off My income is just below that and I will be better off. |
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