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On 08/15/09 18:30, clipka wrote:
> Let's see...
>
> I make, say, 10000 quids which I have to tax at 20%, leaving me with
> 8000 quids.
>
> Or I make, say, 20000 quids which I have to tax at 25%, leaving me with
> 15000 quids.
Is that really how it works where you're at?
Over here, for example, the first 10,000 will be taxed at 20%. The 25%
rate only applies for the amounts exceeding, say, 10,000 - not on the
whole salary.
--
I couldn't repair your brakes, so I made your horn louder.
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