Originally Posted by BROM@ZOO
surly you be on 40% tax
was you self employed ?
40% tax on anything PAYE ruoghly (I PAYE'd under 30K)
0% on anything that an expense
-17.5% tax on anything that has VAT that you expense
25% on share dividends,
and fuck all at the end of each year when you close your company down and you and the mrs fuck off 9 grand in capital gains each
I paid 20K a year tax out of 120K I earned roughly (also paid 20K in VAT but that was on top of the 120K so I havent included that)
Ask my accounts from those years if you like mate,
www.lowtax.co.uk (seriously
)