Ok so...I'm self employed as a few of you know.
The tax threshold if I remember correct is £12500.
So at present I only pay tax on earnings above that amount.
Question is, working for a company where your taxed at source, does that rule apply, for example if your salary was 20000, are you taxed on the whole 20000 or the 7500 about the threshold?
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"Limited is the way to go. just my opinion. "
Can I contact you for tax advice? I had no idea you were so knowledgeable. Also....do you know anything about foreign tax? I have so many questions for you now. |
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By *hunky GentMan
over a year ago
Maldon and Peterborough |
"Limited is the way to go. just my opinion.
Can I contact you for tax advice? I had no idea you were so knowledgeable. Also....do you know anything about foreign tax? I have so many questions for you now."
You've got my Kik. X |
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"Limited is the way to go. just my opinion.
Can I contact you for tax advice? I had no idea you were so knowledgeable. Also....do you know anything about foreign tax? I have so many questions for you now.
You've got my Kik. X"
Oh, chunky--you'll be hearing from me!  |
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"Ok so...I'm self employed as a few of you know.
The tax threshold if I remember correct is £12500.
So at present I only pay tax on earnings above that amount.
Question is, working for a company where your taxed at source, does that rule apply, for example if your salary was 20000, are you taxed on the whole 20000 or the 7500 about the threshold?
"
You'll be taxed on anything above the threshold and you'll usually pay more national insurance as an employee. |
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