"job expenses that your job doesn't cover"?
If I spend money, I claim it back. There's no tax implication. Every mile I drive for work is accounted and claimed for.
If I were being taxed on BIKs, such as fuel, that would be broken out.
![]() "job expenses that your job doesn't cover"?
If I spend money, I claim it back. There's no tax implication. Every mile I drive for work is accounted and claimed for. If I were being taxed on BIKs, such as fuel, that would be broken out. |
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![]() I used this http://www.listentotaxman.com/index.php
and have no idea if that's right. I didn't plug anything into "pension" contribution, nor "allowances/deductions" nor "childcare vouchers". Just clicked "married" and put in 62K pounds (approx $100,000 US) for an example. |
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![]() Probably a little bit higher. The higher tax rate (40%) kicks in at ~£35K, so:
£0-10K: untaxed £10-35K: 20% £35K-whogivesacrap: 40% |
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![]() If you're at or near US household median income (51K USD/year), you'd take home *more* if you had your tax code and national health insurance than you would here (assuming you purchase a family health insurance plan through your employer). With the added bonus of not needing to file for bankruptcy if you or a family member gets sick.
I've always suspected that would be the case, but now I know it. Thanks! |